Oil price below US$ 46/ barrel
Oil price fell below US$ 46 a barrel on Thursday (04/12/08), after hitting its lowest price in nearly four years, in a response to the bleak outlook for the world economy and oil demand.
It was decrease almost 70 percent from the highest price in July 2008 which around US$ 147.27 per barrel.
The demand decreasing of oil energy dan global crisis in United Stated of Amerika (USA) at this moment was impactly to push-down the oil price in the lowest price.
With current condition, it has been predicted that the oil price will be continue to decreasing till US$ 40 per barrel (www.cnbc.com).
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