Key term for Edexcel GCSE Geography B, used in Oil Demand and Supply.
The tendency of oil prices to change quickly and unpredictably due to external economic or political shocks.
Volatility appears in Edexcel GCSE Geography B revision content for Consuming Energy Resources, especially Oil Demand and Supply and Oil demand and supply.
Create a free account to access Edexcel GCSE Geography B revision notes, track progress, and practise related key terms.