Who Governs Global Oil Prices?
... standpoints highlighted at this year’s IMEMO RAN event; the “Oil & Gas Dialogue” ... ... 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',... ... a transitional period of 1985 to 1986, as Saudi Arabia pushed for the net-back mechanism ... ... liquidity is invested back into the large developed economies that also tend to be the ...
13.09.2013