Subject	Predicate	Object
m7s0Rg52	a	Resource
		Answer
		Written answer
	answer has question	NwhJwsnx
	answer has answering person	Michael Fallon
	answer text	<p>I have been asked to reply on behalf of the Department of Energy and Climate Change.</p><p>The Department has made no formal assessment. The price of oil is determined by supply and demand factors. Oil prices have been pushed up over the last two months by supply side concerns from Libya, Egypt and Syria, increasing from $103 per barrel in July to around $115 by the end of August. There have also been more marginal demand side influences, driven by variable news on international economic growth rates.</p>
	answer given date	2013-09-11
	answer has answering body	HM Treasury
	written answer has answering body	HM Treasury
HM Treasury	answering body has written answer	m7s0Rg52
HM Treasury	answering body has answer	m7s0Rg52
NwhJwsnx	question has answer	m7s0Rg52
Michael Fallon	answering person has answer	m7s0Rg52