New Crude Oil record in the last 5.5 years

Crude Oil prices hit 5 and a half years record low level after the OPEC meeting in Vienna. OPEC remains the oil production quota at the same level. couple of months ago predict a price below $65. The current record is from today at $63.71 for the Crude Oil in New York. There are many producers and low consumption right now that push the prices down. forecasts is temporary recovery of the oil prices up to $67-$69 and new test below $63.71 next week.

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