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How the UK goverment can stabilize oil prices ?

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lecturer
Level
General public
Study
management
School/University
Leeds

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documents in English
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presentations
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3 pages
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General public
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  1. How prices of oil in UK have fluctuated?
  2. Why oil Prices in the UK fluctuate?
  3. Changes in Supply of oil in UK
  4. Challenges in Demand
  5. How effective are the different interventions likely to be?

Everyone in UK has had an experience of the shock for unexpected dramatic change in prices of fuel for instance fuel prices will unexpectedly sky-rocket overnight. Mostly it is the supply and demand case: there is a very high number of vehicles tapping oil and the supply is declining. Various factors have been causing these changes with the main being the changes in supply and demand of oil (Economics Online Ltd, 2015).

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