Oil price

As well, today's crude oil price, below 70 USD a barrel! The dramatic slump in oil prices is due to the fact that the Organization of Petroleum Exporting Countries increased output by 200,000 barrels a day in July. Second factor is the global financial crisis, leading to the decrease in oil demand. The third factor is said to be speculation driven! If this is the case, then it may not last very long. So, just enjoy sitting behind wheel and drive more. But, if this continues, it may cause the terrible traffic in Bangkok to be even worse!