Search: USA,Financial Factors,Russia,Long-Term Contracts,Developed Economies,OPEC (1 material)

Who Governs Global Oil Prices?

... factors”, but occasionally short-term “financial factors” also edge the market.... ... reflected the global power balance – with USA and still Great Britain dominating this ... ... products. Again, the seven sisters preferred long-term contracts and also used modern concessional ... ... these majors started to negotiate with the OPEC alliance or 'cartel',... ... will be able to overtake Saudi Arabia and Russia as some reports argue by 2017-2020,... ... liquidity is invested back into the large developed economies that also tend to be the ...


Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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