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A global power "exercised its power as the biggest buyer". That's why prices haven't risen morePhoto by 4174332 on Pexels
Business
Энергетика

A global power "exercised its power as the biggest buyer". That's why prices haven't risen more

CNN Portugal9 September 2026 at 22:01

António Costa Silva, former Economy Minister, analysed the factors that led to the rise in oil prices.

The article states that a global power "exercised its power as the biggest buyer," which explains why prices haven't risen more.

This phenomenon is related to the supply and demand dynamics in the global oil market.

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