Who Governs Global Oil Prices?
... factors”, but occasionally short-term “financial factors” also edge the market. For ... ... petroleum products. Again, the seven sisters preferred long-term contracts and also used modern concessional ... ... followed by a transitional period of 1985 to 1986, as Saudi Arabia pushed for the net-back mechanism across ... ... the US will be able to overtake Saudi Arabia and Russia as some reports argue by 2017-2020, but potentially ... ... this huge liquidity is invested back into the large developed economies that also tend to be the actual ...
13.09.2013