Explanations
How Changes in Global Demand and Supply Explain Falling Oil Prices
![](https://tutor2u-net.imgix.net/user-photos/host-jimriley.png?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
Jim Riley
21st January 2016
Every business student should have noticed an important business news story - the significant fall in global oil prices. A key question to understand is: why has the oil price fallen so far and quickly - and will it continue?
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