Vision IAS Weekly Magazine Oil Price its Determination and Effects. for UPSC Civil Services Examinations 2020.
Oil Price its Determination and Effects: for UPSC Civil Services Mains Examination 2020. The price of oil remained "relatively consistent" for major part of 19th century and 20th century up till the 1970s. Since then the price of oil has secularly increased but has been subject to substantial variations. These variations can be directly and indirectly correlated to the factors provided in this magazine.
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