Saudi Arabia's decision to cut oil supplies to Asia has helped to lift the oil price by 3 dollars a barrel to 63 dollars. The oil price has fallen substantially in recent weeks as the credit crunch and looming economic recession have taken effect.
Saudi Arabia's decision to cut oil supplies to Asia has helped to lift the oil price by 3 dollars a barrel to 63 dollars. The oil price has fallen substantially in recent weeks as the credit crunch and looming economic recession have taken effect.