Spot price of West Texas Intermediate in relation to the price of Brent Crude. Historically price differences between Brent and other index crudes have been based on physical differences in crude oil specifications and short-term variations in supply and demand.
When does market failure occur? Whenever resources are not allocated efficiently. ie. total surplus is not maximised. What are the main types of market failure?
Personal Finance 4/26/2016 @ 7:25AM 8,304 views. The Surprising Truth About Market Crashes. What causes stock markets to crash is literally a trillion dollar question. Yet, extensive research shows the causes of crashes differs from what you might believe. Interestingly, market crashes are not generally caused by major and immediate bad news.