jul 24, 2008 - oil prices
Description:
In July 2008, oil prices rose to a record high of $147 a barrel following concern over recent Iranian missile tests. However, prices declined to just $33 a barrel in December, less than a quarter of the peak price reached four months earlier. A strong contributor to this decline was the drop in demand for oil in the USA, as well as the global equities slide.Added to timeline:
Date:
jul 24, 2008
Now
~ 15 years ago
