By The Associated Press Benchmark U.S. crude oil for May delivery rose 41 cents to $83.14 per barrel Friday. Brent crude for June delivery rose 18 cents to $87.29 per barrel. Wholesale gasoline for May delivery was unchanged at $2.71 a gallon. May heating oil rose 1 cent $2.54 a gallon. May natural gas fell […]
Tag: Markets (economy)
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers are unimpeded by price controls or restrictions on contract freedom.