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The World Oil Market
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This 10 page paper examines the global oil market, looking at the structure of the market and the way that prices are determined. Influences on those prices, including the role of supply and demand and how OPEC controls the supply to control the price are discussed and the importance of oil prices along with the impact an increase in oil prices can have on the global economy is also examined. The bibliography cites 6 sources.
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Pages:
10
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Filename:TS14_TEoilmkt.rtf |
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Paper Title:
The World Oil Market
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