Who Governs Global Oil Prices?
... 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 ... ... stage was followed by a transitional period of 1985 to 1986, as Saudi Arabia pushed for the net-back mechanism across not only ... ... 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