Because there is a shortage of that good. Meaning the quantity demand surpasses the quantity supplied at the price offered... The demand is too high.
The Price of the gasoline with increase : D
1921 - demand was so high that they made 15,000 boxes per day
Low demand for products resulted in fewer job opportunities
Good for the countries in terms of $$$$..but long term may cause a shortage in supply when demand high and developed countries pay less $$$ for it apparently African states export unprocessed raw materials because industry not gud enough in community.
Gasoline is a necessary commodity, and the people who refine oil into gasoline and sell it set the price however high they want to. Because demand for fuel is so high, they can set a high price for both petrol and diesel because they know that people will pay for the necessary gasoline for their vehicles.
High octane gasoline (petrol) only provides better fuel mileage in vehicles that require the high octane. In a normal engine running higher octane provides no benefit.
Fule (oil disile ) 250-350
Diesel Engine. Due to high caloric value it gives more high milage but it creates pollutions due to incomplete burningg of some gases.
Yes, magnesium is in high demand due to its importance in various industries such as automotive, aerospace, and healthcare. It is also increasingly recognized for its role in sustainable energy applications like batteries and electric vehicles.
Corn prices are declining because the demand is not as high anymore. Usually the relationship between supply and demand will determine how prices of a certain item rises and falls.
Petrol contain a high number of components.
it will be in high demand
Law of demand is an important law of economics. It establishes a relationship between price and demand.other things renaming the same when the price of commodity falls its demand will go up likewise,when the price of the commodity rises its demand will fall price and demand moves in opposite direction.there is inverse relationship between demand and price.in other words low price high demand high price low demand.
The highest money in auto parts comes from high-end, in demand, rare automobiles such as Mercedes-Benz parts. Also, older vehicles that no longer have parts made for them are also in high demand and bring in top dollar.
Petroleum is the same exact thing as Fuel. A Barrel of oil is about 50 Gallons of fuel ( Approx.) 23 Gallons out of the Barrel is going towards your car. Demand is what is keeping the price very high. Actually here in the U.S. Fuel oil is more expensive than gasoline(petrol). And it is seasonal depending on supply and demand.
Petroleum is the same exact thing as Fuel. A Barrel of oil is about 50 Gallons of fuel ( Approx.) 23 Gallons out of the Barrel is going towards your car. Demand is what is keeping the price very high. Actually here in the U.S. Fuel oil is more expensive than gasoline(petrol). And it is seasonal depending on supply and demand.