Tag: Supply and Demand
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Understanding Oil Price Fluctuations Amid Geopolitical Tensions
Introduction to Oil Price Dynamics The price of oil is a complex issue influenced by a multitude of factors, including geopolitical tensions, supply chain disruptions, and economic indicators. Recently, fluctuations in oil prices have prompted discussions among analysts and market watchers about the forces at play in this critical sector. Geopolitical Factors at Play Geopolitical…