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An international crisis in the Middle East has been averted. This will increase the flow of oil and ultimately the supply. With the increase in

An international crisis in the Middle East has been averted. This will increase the flow of oil and ultimately the supply. With the increase in supply and demand remaining constant how will this affect the price of oil on world markets?

Select one:

Price will decrease

Price will remain stable

Price of oil is not affected by the level of supply

Price will increase

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