Friday 16 January 2015

The Oil Price Fall: An Explanation in Two Charts

The Oil Price Fall: An Explanation in Two Charts



Don't worry.  It's not complicated.
I offer a simple explanation for the recent fall in oil prices in just two charts.  
Oil prices move up and down in response to changes in supply and demand.   If the world consumes more oil than it produces, the price goes up.  If more oil is produced than the world consumes, the price goes down.

No comments:

Post a Comment