Archive for February 3rd, 2009

How do they decide the oil prices in Indonesia?

Tuesday, February 3rd, 2009
oil prices
Jojojojo asked:


I’m doing an essay about the increase of oil prices in Indonesia.

The teacher said that I must also include how they decided the price for oil. Preferably using a demand/supply graph. But others are fine too.

Can anyone help?

Thanks in advance!!

Adrian

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