Who Governs Global Oil Prices?
... behind shifts in oil prices. He sees the key reason being “fundamental factors”, but occasionally short-term “financial ... ... sisters', who reflected the global power balance – with USA and still Great Britain dominating this list. Today, many of ... ... for other petroleum products. Again, the seven sisters preferred long-term contracts and also used modern concessional tools to ... ... period occurred as these majors started to negotiate with the OPEC alliance or 'cartel', with prices being linked ...
13.09.2013