Oil prices set for a huge drop after stabilization

The oil prices around the globe have set forth a drop trajectory after momentary stabilization in the markets. This is on the back of good supply and uncertain demands for the future, which is also mooted by the fact that the renewable energy sector is growing at quadruple the pace when compared to the fossil fuel-powered power plants.

US Crude came up in the green after a rough week gaining about 0.15% to $54.33 per barrel. The cont....