Who Governs Global Oil Prices?

... suggest that emergence of USA shale oil boom was due to Saudi Arabia/OPEC pricing policy, as it was more to do with speculation, but ... ... as being a virtual one, as the next paragraph will discuss. USA, as the centre of virtual paper market influences prices substantially,... ... ending its quantitative easing policy by around 2014). Also, other financial factors play a role, for instance the recycling of foreign ... ... that is about how long a typical recession takes to roll-in! USSR had a very modest impact during the first three stages of ...