Who Governs Global Oil Prices?
... the standpoints highlighted at this year’s IMEMO RAN event; the “Oil & Gas Dialogue” ... ... in oil prices. He sees the key reason being “fundamental factors”, but occasionally short-term ... ... who reflected the global power balance – with USA and still Great Britain dominating this list. Today,... ... petroleum products. Again, the seven sisters preferred long-term contracts and also used modern concessional ... ... occurred as these majors started to negotiate with the OPEC alliance or 'cartel', with prices ...
13.09.2013