Explain the upstream global market of crude oil including a description of what oil is and the demand and supply factor

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answerhappygod
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Explain the upstream global market of crude oil including a description of what oil is and the demand and supply factor

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Explain the upstream global market ofcrude oil including a description of what oil is and thedemand and supply factors that affect its marketprice. Discuss different benchmarks and their pricemovements over the past five years. Include anhistorical chart (2017-2021) showing monthly movements in theprices of WTI and Brent.
Just need a short paragraph (4-5 sentences) on this for a shortanswer/discussion question! Mostly having trouble with the firstpart of the question, but would appreciate any help for the entirequestion!
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