Who Governs Global Oil Prices?

... emergence of USA shale oil boom was due to Saudi Arabia/OPEC pricing policy, as it was more to do with speculation,... ... bandwagon. I doubt that the US will be able to overtake Saudi Arabia and Russia as some reports argue by 2017-2020,... ... virtual one, as the next paragraph will discuss. USA, as the centre of virtual paper market influences ... ... quantitative easing policy by around 2014). Also, other financial factors play a role, for instance the recycling ... ... how long a typical recession takes to roll-in! USSR had a very modest impact during the first three ...