Who Governs Global Oil Prices?
... suggest that emergence of USA shale oil boom was due to Saudi Arabia/OPEC pricing policy, as it was more to do with speculation, but ... ... I doubt that the US will be able to overtake Saudi Arabia and Russia as some reports argue by 2017-2020, but potentially we could ... ... as being a virtual one, as the next paragraph will discuss. USA, as the centre of virtual paper market influences prices substantially,... ... ending its quantitative easing policy by around 2014). Also, other financial factors play a role, for instance the recycling of foreign ...
13.09.2013