APN News

  • Tuesday, September, 2022| Today's Market | Current Time: 05:59:09
  • Oil prices continued to slide dropping below $100 per barrel for the first time in more than a week, after a massive earthquake and tsunami hit Japan. It is unclear how much Japan’s economy will be affected by the disaster but the tragedy has slowed down its economy.

    Japan is the third-largest oil importer in the world.

    Oil prices had increased 24 per cent since the middle of February, crossing the 100 dollar mark as uprisings in Libya forced much of the country’s oil production to shut down.

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