Saudi Arabia has further reduced the price of crude oil sold to USA & Asian countries.
Saudi Arabia is among the most prominent countries exporting oil in the international market.
It is expected that prices of diesel & petrol will fall further.
With the trend of falling crude oil prices, there has been a fall in the prices of diesel & petrol in Asian countries.
This trend is expected to create fall in the prices of capital trading as well.
However, the trend of fall in crude oil prices is deemed a godsend gift for the developing countries!
Currently, crude oil is sold at $ 26 per barrel.