期刊名称：International Journal of Advances in Engineering and Management
电子版ISSN：2395-5252
出版年度：2020
卷号：2
期号：9
页码：705-709
DOI：10.35629/5252-0209633639
语种：English
出版社：IJAEM JOURNAL
摘要：Oil supply has systematically assumed a basic role within the overall economy because it partakes in all domains of the planet. Throughout the time from its discovery to today, the expense per barrel of raw crude oil has been unsteady through unbelievable, great, terrible and worst periods wedged by outside variables, for instance, money emergency, political emergencies, wars, mechanical development and advancement, pandemics as of currently. With the unpredictability of advertising of raw crude oil, worldwide and government associations settle out the price. Such organisations incorporate OPEC (Organization of Petroleum Exporting Countries) and OECD (Organization of Economic Corporation and Development).The aim behind this review is to look at factors influencing raw crude oil price, distinctive price outlines from past years until date and anticipate future scenario of price per barrel of raw crude oil.
关键词：Crude oil price;factors influencing cost per barrel
