Managerial Economics- factors affecting oil price in the UK market

Evaluate the factors that determine the price of oil in the market. How and to what extent could government policies affect oil prices?

-You are required to write a report analysing the current prices of oil.
-You need to explain the factors that determine demand and supply of oil in UK
– You need to GRAPHICALLY illustrate your data and analysis.
-Follow the marking scheme closely

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