The price of the oil dropped once again to $30 per barrel after Iran delivered its first shipment to Europe. This fall is seen as a boon for some nations while it is considered as a disaster for others.
$30 crude oil prices
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The cutting down of the global crude oil in the world has not really influenced the Chinese consumers' retail fuel prices. The price remains the same as long as the price does not touch %40 per barrel.
Russia’s Rosneft OJSC is suffering more due to the below $30 crude oil prices than its privately owned counterpart Lukoil PJSC, which seems to be showing more resilience.
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