Does the increase in oil price that occur some time ago had something to do with global warming issues?
There was a huge oil price increase, did this increase had to do with global warming regulations. If not what are the determinants for oil price.
There was a huge oil price increase, did this increase had to do with global warming regulations. If not what are the determinants for oil price.
June 30th, 2009 at 6:03 pm
No. The price went up due to the increased world demand for oil and the production limits imposed by OPEC.
June 30th, 2009 at 6:03 pm
No it had to do with supply, demand and perceived risk.