The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS). Oil prices are determined by global supply and demand, rather than any country's domestic production level.
Time will tell! Trump amesign Iran-USA agreement. Mgogoro wa Iran na USAS umeisha au uko sehemu nzuri sana.
Milango yote imefunguliwa ya meli za mafuta kupita as used to be.
SWALI KUBWA KWETU: JE MALAWI MAFUTA YATASHUKA?
MY PREDICTION: YATAPANDA ZAIDI MAANA SISI NI MAVI, WANATUONA KAMA MAVI...
Analojia rahisi kwenye hili ni kufananisha Strait ya Hormuz kama mto mdogo wa kijijini ambao 30% ya maji tunapata hapo. Maji haya ndio kiungo muhimu katika shughuri za kila siku za kijiji chetu. Sasa, kuna bwana anyekaa huko kwenye chanzo cha mto aliweka bayana kabisa kuwa ataufunga mto kama...
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