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[[File:AAPG-WIKI-Write-off.jpg|right|200px]]
The general oil price has changed greatly over time. This means that price is very volatile and can’t be subject to monopoly. The ever changing prices is then attributed to majorly market forces of demand and supply. This article explains and shows how the demand and supply affects the oil price and also elucidates on the global issues affecting the demand of oil, and also explains the supply discrepancies of the oil resource.
The general oil price has changed greatly over time. This means that price is very volatile and can’t be subject to monopoly. The ever changing prices is then attributed to majorly market forces of demand and supply. This article explains and shows how the demand and supply affects the oil price and also elucidates on the global issues affecting the demand of oil, and also explains the supply discrepancies of the oil resource.