Explain the impact of the event on the market for gasoline

Reference no: EM13187326

as a result of increased tension in the middle east, oil production is down by 1.21 million barrels per day-a 5 percent reduction in the world's supply of crude oil explain the likely impact of this event on the market for gasoline and the market for small car.

Reference no: EM13187326

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Explain the impact of the event on the market for gasoline : as a result of increased tension in the middle east, oil production is down by 1.21 million barrels per day-a 5 percent reduction in the world's supply of crude oil explain the likely impact of this event on the market for gasoline and the market ..

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