Re: Business Language translation needed.
HI,
YOU ARE ALL RIGHT , but what i think the price also depends on the change in consumption, the more there will be industries the more will be oil consumpiton and hence increase in oil prices, on the other hand the indirect taxes is also another factor for increase in oil prices.
smiliarly the war on terror is also responsible for the increased demand of oil in war equipments , and hence a sharp increase in oil prices.
on the other hand if we see the current situtation of IRAN Dispute where IRAN is threatend by NATO, and IRAN will use its OIL resource as reaction is also worsing the situation.