no
no
transportation of food takes oil to get it around to your local grocery store therefore driving up food prices.
Oil prices change frequently for a number of different reasons. Crude oil is a big part of this, and will affect the price of oil. Demand can be different depending on the weather and economy. Seasons can also affect the demand for oil.
Since there is a constant need for oil the people who sell the oil may raise the price on Oil to make profit in result it rases gas prices.
It made buying oil more difficult
Fluctuations in oil prices have a significant impact on the airline industry. When oil prices rise, airlines face higher operating costs, leading to increased ticket prices for passengers. Conversely, lower oil prices can result in lower operating costs and potentially lower ticket prices. Overall, oil price fluctuations can affect the profitability and financial stability of airlines.
False, global events often affect oil prices. The Gulf War is a prime example of this.
I reqlly dont know how to answer it
sometimes
prices rise gas goes up oil rises in price
Because of things that were going on with the country like the government things.
Brent crude oil prices significantly impact local markets by influencing the cost of energy and transportation. When Brent crude prices rise, it often leads to increased fuel prices, which can drive up transportation costs and, subsequently, the prices of goods and services. Additionally, higher oil prices can affect inflation rates, prompting changes in consumer spending and investment. Conversely, lower Brent prices may provide relief to consumers and businesses, potentially stimulating economic activity.