Crude oil prices continued to slide for second week in a row, and it was trading at around 123 dollars. The sharp decline of over 23 dollars from the all time high of 147 dollars a few weeks back has come as a big relief to all the oil consuming countries across the globe. With US expected to start the off shore drilling and arctic region set for exploration by various countries, the oil supplies are set to increase in coming years reducing the  danger of crude oil prices going past the 200 dollars mark.