The recent drop in oil prices has caused the market to become volatile again. Oil prices have dropped from a high of $100+ to a low of $40+. That's more than 50% drop so far. Those who drive will notice that petrol prices are cheaper now. Instead of seeing the digit $2/litre, we start to see it at $1+/litre. Crude oil is the most important natural resource of the industrialized nations. It can generate heat, drive machinery and fuel vehicles and air planes. Its components are used to manufacture almost all chemical products, such as plastics, detergents, paints, and even medicines. The drop in oil prices seems good for most of us. Petrol prices become cheaper, electricity will become cheaper also. To know which countries will benefit and which countries will suffer because of the drop in oil price, we have to look into which are exporters or importers of ......