Question

International pricing of crude oil takes into account how long it takes to form crude oil
1) True
2)False

Answer 1

I guess its true because the more old crude oil is, the better it is.

Hope it HELPED

Answer 2

False.
Cause amount of oil they are pumping and exporting sets the price.
It was estimated earlier that oil in middle east will finish by 2017 or 2018. But its still more and more..this price depends upon amount they arr extracting