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What Are The Factors Determining Oil Prices? A Guide

Swarajya Videos

Nov 30, 2018, 08:01 PM | Updated 08:01 PM IST

Oil prices were rising this year and projected, by experts, to keep doing so and eventually touch the $100 a barrel mark. But, then, suddenly, it didn't. And crude oil prices fell.

Why?

We go back to basics to explain what drives oil prices.

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crude oil prices

Organisation of Petroleum Exporting Countries (OPEC)

Crude oil market

US Sanctions on Iran

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