Global oil prices sink to 6 year low in August 2015
Q. In how many years Global Oil Prices sank to a low of $40 per barrel on 22nd Aug’15?- Published on 31 Aug 15
a. 4 years
b. 5 years
c. 6 years
d. 8 years
ANSWER: 6 years
The price of oil in the U.S. slipped below $40 a barrel for the first time since 2009 amid a growing consensus that cheap crude is here to stay.