Question
please read these short articles about the oil market and write up your analysis. Try to connect the article to Price Elasticity of Demand for
please read these short articles about the oil market and write up your analysis. Try to connect the article to Price Elasticity of Demand for oil and Price Elasticity of Supply for oil. Please share your insights on what's going on in the oil market right now with regard to demand and supply models you've learned and reviewed. How do you analyze the impact of this global health crisis on the market for oil?
2020 Oil and Gas Industry Outlook: A midyear update
https://www2.deloitte.com/us/en/pages/energy-and-resources/articles/oil-and-gas-industry-outlook.html
OPEC and non-OPEC allies urge 'full conformity' with production cuts as oil prices falter
https://www.cnbc.com/2020/09/17/opec-meeting-saudi-russia-review-oil-output-cuts-amid-demand-concerns.html
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