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It will go down!~
Producers could reduce the price of oil to remove the surplus of crude oil. They could also form a cartel to adjust production to eliminate the chance of future surpluses. Thanks ChaCha!
Japan has a defecit of some 100 billion dollars.. Why this is so baffles me. They have a huge trade surplus with the rest of the world Go figure.
surplus Quantify the surplus amount as in March 2011
today's Mazut price
they had a surplus in grainGrain and oil
Oil. Crude oil that is.
its important because the oil spill wased most of the oil in the world
It will go down!~
they have a surplus
Oil.
Today, people designed already oil carrier to let the oil be distributed to the different parts of the world.
Producers could reduce the price of oil to remove the surplus of crude oil. They could also form a cartel to adjust production to eliminate the chance of future surpluses. Thanks ChaCha!
oil is in surplus, well was. Saddam Hussein blew up all the oil rigs because of Kuwait. Hussein through that Kuwait was trying to steal oil which led to the UN getting 32 nations together and fighting desert storm.
China
Surplus Foods
There is no known exact amount of oil that Asia uses. However, it is known that southwest Asia provides much of the oil that is used in the world today.