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LekaFEV [45]
3 years ago
8

What happens to the price of oil when OPEC countries decide to limit production?

History
2 answers:
Wewaii [24]3 years ago
6 0

When OPEC countries decide to limit production what happens is option <em>B) oil prices raise</em>. The Organization of Petroleum-Exporting Countries (OPEC), has a great influence on the production and price of oil. If the countries are unsatisfied with the oil price, they decide to limit production and wait for the price to raise.

Y_Kistochka [10]3 years ago
4 0
The Answer Is B) Oil Prices Raise
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