Brussels: Oil prices fell again on Tuesday, causing a split among OPEC leaders about what action should be taken to halt the downward movement of oil.
Brent crude oil sank 1.5 percent on Tuesday to $88.89 a barrel and according to analysts Saudi Arabia, the OPEC’s dominant member, might be rethinking its strategy to keep oil prices up. The fall in has led to a near free fall in gasoline prices in the United States of America. Most oil analysts said that the companies that have led the boom in drilling across North Dakota and Texas are influenced from the declines for the time being, with the break-even levels for investments around $60 a barrel.
