... could convene an emergency meeting before October and quickly redistribute its internal quotas, taking into account the imbalance of market supply and demand, as well as the lifting of sanctions against Iran. This would deliver an interesting scenario: OPEC will control the important market player that is Iran, and the latter would no longer be able to increase oil exports at will. Some experts predict a recession in China; others believe that we have witnessed a natural correction or slowdown, rightly arguing that no economy can grow at such a rapid rate forever. Second, due to rising prices, many countries will have fewer reasons to further increase production,...
Search: OPEC,China (2 materials)
... majors as 'locking-up' resources nor that they are immoral (as it is trendy to bicker online), as in reality they have little choice and China anxiously needs oil as the memory of early 2000s energy famish is still fresh. Basically, China cannot trade with OPEC smoothly as it does not give special treatment via some sort of guaranteed quotas and rivalry is fierce from traditional majors who have cemented their place over the past century. Moreover, Russia opposes equity investment and it is not corrupt ...
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%)