Question:

Who determines the price of oil ,traders or OPEC and does the american public know it?

by  |  earlier

0 LIKES UnLike

Who determines the price of oil ,traders or OPEC and does the american public know it?

 Tags:

   Report

1 ANSWERS


  1. Supply and demand mostly. OPEC (Saudi Arabia in particular) can affect the price to an extent due to the fact that they have a stranglehold on the world's oil supply.

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.