Global Stock Market Crash Oil Prices Also Decreases..

American, European and Asian stock markets crashed. According to the News American, European & Asian stocks market fell to the lowest level since August, 2015. New York, Milan & Beijing stock markets fell to the lowest level since August, 2015.

New York & Milan stock Market 2% decrease, Moscow stock market decrease more than 6% & Beijing stock market decrease more than 3.5%..

Pakistan Stock Market also trade in minus yesterday and more than 1 billion investment has been wasted.

The prices of oil have been fluctuating for a while now. It fell below $ 30 a barrel today.

Yesterday, it was close to $33 a barrel but at one point fell below $ 30 a barrel in New York. It is predicted that the prices will fall to as low as $ 10 a barrel in the upcoming months. But this is just a prediction; it can attain stability at $ 20 or $ 25 a barrel.

Despite the fluctuations in prices, the market is still overwhelmed by the oversupply. The US, China and Iran have millions of barrels.

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