2 years ago

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

2 answers:

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]2 years ago

4 0

The Answer Is B) Oil Prices Raise

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