Who Governs Global Oil Prices?
... 'seven sisters', who reflected the global power balance – with USA and still Great Britain dominating this list. Today, many of the top Western oil... ... a major transitional period occurred as these majors started to negotiate with the OPEC alliance or 'cartel', with prices being linked evermore to national... ... inflationary repercussions. As a result, this huge liquidity is invested back into the large developed economies that also tend to be the actual consumers of oil. It is an incredible...
13.09.2013