How do they decide the oil prices in Indonesia?

Posted by admin
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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  • One Response to “How do they decide the oil prices in Indonesia?”

    1. WENQI Says:

      For oil and ss curve and is an rightward shift of fuel needed for oil and reduce in dd and reduce in.