Oil prices have gone up and down over time. For example, crude oil (Brent) was around $40–$50 per barrel in 2020 during the #trump COVID-19 period because demand was low. Later, as the world economy recovered, demand increased and prices rose to around $80–$100 per barrel in 2022–2023.#dollor
This increase happened because:#USTD $ETH
More demand for fuel (cars, industries, flights)
Supply problems from oil-producing countries
