Who Governs Global Oil Prices?
... highlighted at this year’s IMEMO RAN event; the “Oil & Gas Dialogue” (26/04/13).... ... sees the key reason being “fundamental factors”, but... ... occasionally short-term “financial factors” also edge... ... global power balance – with USA and still Great Britain dominating... ... Again, the seven sisters preferred long-term contracts and also used... ... majors started to negotiate with the OPEC alliance or 'cartel'... ... is invested back into the large developed economies that also tend... ... its frankly shocking. Cambridge Energy Research Associates (CERA)...
13.09.2013