The drop in demand for oil lost 2/3 after oil prices jumped to the top in June by 2014, the price per barrel to US $ 108. 2 reason that makes weaker oil prices was due to Saudi Arabia and its partners around the Gulf that can produce oil price and on the other hand cheap as Nigeria, Venezuela and other countries want oil prices to boost its economy.
The 1st and the price of oil dropped to the lowest level.
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