Committee
Economic Social Council
Country
France

Author

Cite as https://mymun.com/ppdb/8994

Topic: Effects of low oil prices

Country: France

Delegate: Michał Kościński

Committee: Economic and Social (ECOSOC)

Distinguished chairs

Honourable delegates

Price of oil has been one of the most important issues affecting global economy for almost one hundred years. Nowadays, it has reached one of the lowest levels in history and its consequences on industry depend on country’s demand for oil. The biggest reason for current prices is the oversuppl...