Who Governs Global Oil Prices?
... prices. He sees the key reason being “fundamental 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 ... ... a transitional period of 1985 to 1986, as Saudi Arabia pushed for the net-back mechanism ... ... a typical recession takes to roll-in! USSR had a very modest impact during the first ... ... liquidity is invested back into the large developed economies that also tend to be the ...