Who Governs Global Oil Prices?
... was dominated by seven oil majors, or the 'seven sisters', who reflected the global power balance – with USA and still Great Britain dominating this list. Today, many of the top Western oil companies draw their roots from these original ... ... on the bright-side, we only have to wait 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, as it was a 'price taker',...
13.09.2013