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Partha is the management accountant of a multinational company. Due to the global supply chain arrangement, he recognizes oil price is a key factor in
Partha is the management accountant of a multinational company. Due to the global supply chain arrangement, he recognizes oil price
is a key factor in the companys expenses. To understand the change in oil price, he uses Energy Institutes interactive energy charting
tool, available at the organizations website. Within the tool, users can customize the data and the time period, among other things.
Go to the Energy Institute website, and access and launch the energy charting tool online. At this point, the data can be customized.
Under Energy prices, select Spot crude prices. Based on the customized chart, and considering years to only, in which
years were the oil prices highest?In which years were the oil prices lowest?
Oil prices were highest in and
Oil prices were lowest in and
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