What were two of the reasons for the spike in oil prices during the 2000s?

asked Feb 6, 2017 165k views

2 votes

by PetrS

8.0k points

Please log in or register to add a comment.

4 votes

Geopolitical events and natural disasters had strong short-term effects on oil prices. There was also a huge demand for it.

Kylc answered Feb 7, 2017

by Kylc

8.4k points

3 votes

Well, it was mainly caused by disruptions in the supply of oil! Haha, hope this helps man! :)

Eolandro answered Feb 10, 2017

8.0k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers