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In terms of SUPPLY, what factors have contributed to the fall in oil prices?

In terms of SUPPLY, what factors have contributed to the fall in oil prices?
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In terms of SUPPLY, what factors have contributed to the fall in oil prices?

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User Werkritter
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Current supply and output. Until recent years, Organization of Petroleum Exporting Countries (OPEC) often set supply through a quota system.
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User Jbarlow
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