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Graph showing supply demand of crude oil with price plotted in the Y axis and quantity in million barrels per day in the X axis during the months of Feb-April 2026.

In general, when supply of a product is reduced, prices rise. As a result, even when demand remains stable, the quantity consumers buy decreases because of higher prices. Matthew E. Oliver and Tibor Besedeš, CC BY-NC-ND
 

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Resolution: 922 x 1508

Created By: pdevarajan3 - 05/07/2026 16:12 PM

Modified: 05/07/2026 16:12 PM

File Size: 112.69kB