On What Basis Crude Oil Prices Are Determined?

1.	On What Basis Crude Oil Prices Are Determined?
Answer» Crude OIL is a COMMODITY, and the PRICES depend on the DEMAND and SUPPLY. Crude oil is a commodity, and the prices depend on the demand and supply.

Answer»

Crude OIL is a COMMODITY, and the PRICES depend on the DEMAND and SUPPLY.

Crude oil is a commodity, and the prices depend on the demand and supply.

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