Who Governs Global Oil Prices?
... standpoints highlighted at this year’s IMEMO RAN event; the “Oil & Gas Dialogue” (26/04/13). As usual, ... ... 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',... ... liquidity is invested back into the large developed economies that also tend to be the ... ... manipulators, its frankly shocking. Cambridge Energy Research Associates (CERA) highlight ...