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horrorfan [7]
3 years ago
5

When the price of oil drops this usually means that OPEC has?

Geography
1 answer:
Nikolay [14]3 years ago
5 0
When the price of oil drops this usually means that OPEC or a major state within OPEC like Saudi Arabia, or Venezuela has increased the supply of oil leading to a drop in price. This is the current policy of the Saudi Government which has led to a drastic decline in oil prices over the last 3 to 4 months. 
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