Who Governs Global Oil Prices?
... factors”, but occasionally short-term “financial factors” also edge the market.... ... reflected the global power balance – with USA and still Great Britain dominating this ... ... products. Again, the seven sisters preferred long-term contracts and also used modern concessional ... ... these majors started to negotiate with the OPEC alliance or 'cartel',... ... will be able to overtake Saudi Arabia and Russia as some reports argue by 2017-2020,... ... liquidity is invested back into the large developed economies that also tend to be the ...
13.09.2013