Who Governs Global Oil Prices?
... know, the problem lies in the fact that petrodollars derived by OPEC and now Russia cannot be easily spend by the actual producers, as their ... ... a result, this huge liquidity is invested back into the large developed economies that also tend to be the actual consumers of oil. It is an incredible carrousel or a resource curse, except ... ... change the system. If we look at the recent GDP statistics we see USA has recovered quicker than any other major economy. A lot will ... ... the statistics for manipulators, its frankly shocking. Cambridge Energy Research Associates (CERA) highlight that from 2008 there ...