Oil Price Volatility and the Changing Dynamics of Supply Chain Management
Oracle SCM
MARCH 16, 2016
Today, courtesy of the shale gas revolution in the US, OPEC policies and the re-introduction of Iran to the market, the price stands at around $30 per barrel and all indications are that it will fall further over the course of the year. But when oil prices are high and transportation costs are high businesses might prefer near-shoring.
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