Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

Crude Oil Again Dips Below $50 per Barrel

A strong U.S. dollar and Iran's plans to pour oil on an already glutted market sent U.S. crude below $50 per barrel on Tuesday. Cooling economies in oil-hungry Asia and Europe also have weakened demand, sending the price below $50 for the first time since April. With the U.S. Federal Reserve expected to raise interest rates later in the year “a firmer U.S. dollar makes crude more expensive for buyers using other currencies since crude is priced in the U.S. dollar,” explained Victor...

Read complete article
© Voice of America -

Follow us on ...
Facebook Twitter