The collapse of oil prices in recent months is of significance for the UK and the Global Economy. There is a useful frequently asked questions section at the OPEC web site which might be worth having a look at.
 
The link is
http://www.opec.org/faqs.htm
 
GBR
[log in to unmask]
RGS Economics Web Site: http://dspace.dial.pipex.com/geoff.riley/