Who Governs Global Oil Prices?
... outlines two factors behind shifts in oil prices. He sees the key reason being “fundamental factors”, but occasionally short-term “financial factors”... ... 'seven sisters', who reflected the global power balance – with USA and still Great Britain dominating this list. Today, many of the top Western oil... ... for 7-10 years, as that is about how long a typical recession takes to roll-in! USSR had a very modest impact during the first three stages of the evolutionary track...
13.09.2013