Archive for June 2nd, 2009

What factors are causing oil prices up recently?

Tuesday, June 2nd, 2009
oil prices
Lucy C asked:


Why within the last couple years or so, have oil prices increased so much?

I understand a lot goes into determining the prices, but I would like to understand what has changed recently that they are so high.

Does OPEC have anything to do with it?

Joan

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