0So supply is up; relative demand is down and yet, 01b00the price of oil02b00 is soaring02br 02br 01b00Oil prices02b00, meanwhile, rose on concerns about heating oil supplies and after an OPEC official said there's no need for the cartel to pump more oil02br 02br 00Could you explain why the price of oil is singular while oil prices is plural? I find it very confusing.02br 02br 00Thanks!0-
Top answer
02br 00f(x) vs. f(x1) or f(x2) 0-
— Marius Hancu
02br 00f(x) vs.
f(x1) or f(x2) 0-
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1b00the price of oil: seen a general indicaton 02b02br 01b00oil prices: seen as individual instances, values of the above, specific to a given place & time02b02br 00Do you know math?02br 00f(x) vs. f(x1) or f(x2) 0-