Question: Crude oil is a commodity whose price is determined by a wide range of global market forces. Last year, those prices experienced periods of significant
Crude oil is a commodity whose price is determined by a wide range of global market forces. Last year, those prices experienced periods of significant volatility - sometimes rising and sometimes declining. Determine and explain3 important factors that helped drive up oil prices in 2023 andthreeimportant factors that contributed to falling oil prices in 2023. Support your positions with data and other specific information. Use sources if possible
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