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Development of big oil and gas fields in Brazil and Canadawill alsoaccelerateinthecomingyear.Alloftheseincreasesmeanhighervolumes can be supplied at lower costs, helping to keep the oil market price
"Development of big oil and gas fields in Brazil and Canadawill alsoaccelerateinthecomingyear.Alloftheseincreasesmeanhighervolumes can be supplied at lower costs, helping to keep the oil market price low."This means thatthe price elasticity of oil supply is likely to be elastic orinelastic?
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