Recession and oil prices
As the economies worldwide go into recession and start showing a negative growth rate, the demand for fossil fuel decreases. This has resulted in the fall in crude oil prices, which are almost 50% of the rates 6 months ago.
As the economies worldwide go into recession and start showing a negative growth rate, the demand for fossil fuel decreases. This has resulted in the fall in crude oil prices, which are almost 50% of the rates 6 months ago.
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