Dr.Masih Rezvani

What is most important factor for oil rate???

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  • Name : Masih Rezvani
  • Country or city where you reside : istanbul
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  • Years of Experience 15
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3 hours ago, Dr.Masih Rezvani said:

What is most important factor for oil rate???

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The most two important factors which usually control oil prices

1- supply and demand 

2- geopolitical 

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Have you heard of Darcy equation? :)

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Technology. 

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5 hours ago, DanilKa said:

Have you heard of Darcy equation? :)

Smart arse...😂

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Supply/Demand, Technology, PLUS OPEC! Oil price would be less than $20 bbl right now if not for massive export curbs by Saudis.

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42 minutes ago, Wombat said:

Supply/Demand, Technology, PLUS OPEC! Oil price would be less than $20 bbl right now if not for massive export curbs by Saudis.

I think that comes under 'supply & demand'.

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