Social Sciences, asked by menghin002, 9 months ago

explain why the world price of oil and gasoline has dropped so much in 2020.

Answers

Answered by devashish109
1

Explanation:

Gasoline prices dropped because crude oil prices have crashed recently. Demand declined as people around the world stay home to avoid spreading the coronavirus; then prices dropped further and supply spiked because of a price war between Saudi Arabia and Russia.

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Answered by helenravi2614
1

Answer:

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