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Oil prices are determined by supply and demand factors globally, OPEC makes production decisions based on COVID-19 forecasts and its impact on demand, and oil prices have fluctuated in different countries over the last 8 months as the pandemic impacted economies and travel.

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Kerjaan Fira
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0% found this document useful (0 votes)
22 views1 page

Forum Macro

Oil prices are determined by supply and demand factors globally, OPEC makes production decisions based on COVID-19 forecasts and its impact on demand, and oil prices have fluctuated in different countries over the last 8 months as the pandemic impacted economies and travel.

Uploaded by

Kerjaan Fira
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Forum Macro

What Determines Oil Prices? How is covid-19 forecast is impacting on OPEC’s


decisions? How has oil price changed in your countries over the last 8 months?
 Kindly note to keep your comment around 200 words max.

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