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Commodity traders determine the pricing of oil commodities. They bid on future contract, which are basically agreements to buy or sell oil at a certain date in the future for a price.
What else can I help you with?
What determines the fuel price?
The OPEC decides mainly, because they control the oil, OPEC is all of the middle eastern countries that have oil and export it
Who determines the pricing of oil commodities?
Commodity traders determine the pricing of oil commodities. They bid on future contract, which are basically agreements to buy or sell oil at a certain date in the future for a price.
What determines a tea's taste and flavor?
what determines a tea's taste and flavor is the tea oil.
What is market driven?
Market driven means the market determines the price. In perfect competitions, the market determines the price of products, not the business.
Who or what determines the market price?
The Value of the Dollar
What determines the maximum oil pressure in a force feed lubrication as the engine speed increases?
Oil pumps have a spring operated regulator and the spring's tension determines the max oil pressure.
What determines the price of a stock?
the law of supply and demand
What determines a stocks price?
How much money you earn
In a market economy who determines the market price?
Compention
Does oil spills helps to increase the oil price?
Yes it does affect the oil price
What detemines the price and the quantity produced of goods?
Supply determines the price and quantity of produced goods.
How does market economy determine its price?
Supply of the item and demand by other countries determines the price.
