Answer:
The OPEC member countries control a large percentage of the world's oil production which gives them a lot of power to affect world oil prices.
Explanation:
OPEC with a total number of 14 members at present produces about 40 percent of the world's crude oil. Therefore, OPEC actions do affect international oil prices because of the size of the market share the collective controls. However, there are also oil sources beyond the OPEC states. For example, Brent Crude refers to oil that is produced in the Brent oil fields and other sites in the North Sea. WTI is the benchmark crude for North America. WTI is better suited to the production of gasoline while Brent oil favors diesel fuel production. Because together OPEC holds three-quarters of the world's conventional oil reserves and has the world's lowest barrel production costs, it can influence world oil prices and supply by deciding to either produce more or less barrels. If OPEC lowers production the price of oil increases because Brent and WTI have to make up the difference, and their production prices are higher. However, OPEC's ability to affect prices is changing with Canada, China, Russia and the United States increasing their own output in recent years.
Answer: He is not correct
Explanation:
In marketing it is advisable that the product be presented to the market, then the market(both old, young) make their choice. It's now from their choice that you can do a survey of who would likely continue with your product and who would be considered less, but generalizing without sampling the views of others is not a good way to advertise, you never can tell; the younger may desire the product than the older
I believe the answer is: <span>Running for New Haven City Council
He personally realized that in the council position, you would be economically more well off if you follow the will of the people who give the most findings. But he's dedicated to keep himself from the temptations and decided to work for the well being of other people.</span>
Answer: What most accurately describes the relationship between the British colonies and American Indians? British colonies wanted American Indians out of the way so the colonies could profit more.
Explanation:
and settlers of New France?
Which statement most accurately describes the relationship between Native Americans and settlers of New France? Settlers of New France sought to build close bonds with the Native Americans and did not encroach on their lands as much as their British counterparts.
prime minister because monarchy is the period of king
