Written by Udit Misra |New Delhi |Updated: July 30, 2019 9:45:36 am
Explained: Three factors that could impact oil prices
Since mid-May, and especially over the past few weeks, oil prices have seen renewed fluctuations. The fluctuations reflect the ups and downs in the factors determining crude oil prices. Here are three key factors likely to affect the movement of crude oil prices.
The trend of crude oil prices mirrors the slightest of changes in geopolitics, apart from the steady course of economic news. In the simplest terms, crude oil prices will move up when something causes the demand to rise or the supply to fall.
No hay comentarios:
Publicar un comentario