Home » Economics » The world market for crude oil refers to theThe world market for crude oil refers to the The world market for crude oil refers to the A. total supply by OPEC members B. total demand for and supply of crude oil C. excess crude oil produced in the world D. difference between the supply of and demand for oil Correct Answer: Option B Explanation Related Posts The country will be over populated when Which of the following causes of inflation is related to demand-pull inflation? The high rate of inflation in Nigeria can be attributed to A good indicator of economic development is an increase in Utility of a commodity means? The major factor that causes fluctuations in the supply of agricultural produce is?
