World oil markets

Research Project
World oil markets have witnessed a substantial changes in the last years. Several factors can explain these changes in the oil markets. Some of these factors or determinants related to the demand side in the market of oil and other related to the supply side.
Explain in details these factors and use the suitable graphs that we studied in chapter e about the demand and the supply model.
Contents:

1. Introduction
2. The main factors that affect the demand in the oil market (income, population, …)
3. The main factors that affect the supply in the oil market (input prices, level of technology, …)
4. conclusions
   Nots:
   • The project is in groups minimum tow students and maximum four.
   • Project has 10 marks
   • The size font 12 and 1.5 space
   • The project should not exceed 10 pages.
   • Last day of deliver the project is 23 of June 2019
   • Cite the used references