Who Governs Global Oil Prices?
... using some of the standpoints highlighted at this year’s IMEMO RAN event; the “Oil & Gas Dialogue” (26/04/13).... ... 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 ... ... a result, this huge liquidity is invested back into the large developed economies that also tend to be the actual consumers of ...
13.09.2013