Who Governs Global Oil Prices?
... sisters', who reflected the global power balance – with USA and still Great Britain dominating this list. Today, many of ... ... 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