Oil prices in financial market
Price controlled prices were lower during the 1970s but resulted in artificially created gas lines and shortages and do not reflect the true free market price. Stripper An increase in oil prices can reduce profits or deepen losses. Companies do not immediately increase prices just as expenses go up, because it can make 2 Mar 2020 Gulf stock markets hit as coronavirus sinks crude oil prices. Demand in China, world's biggest oil importer, has slumped 20 percent as