Search: Conference,Saudi Arabia (1 material)

Who Governs Global Oil Prices?

... third stage. This was a big global reshuffle as during the 1960s these powerhouses sold around 85% of the global crude oil – much more than modern OPEC at around 40%. Again, the third stage was followed by a transitional period of 1985 to 1986, as Saudi Arabia pushed for the net-back mechanism across not only petroleum products, but also crude oil. Saudis also began to reject officially manipulated prices by OPEC. We essentially see how net-forward is rejected in favour of net-back and crude oil ...

13.09.2013

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  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
 
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