Search: USA,Saudi Arabia,Oil,Financial Factors,Russia (1 material)

Who Governs Global Oil Prices?

... producers decided to jump on the bandwagon. 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 see this giant becoming... ... superpower, as well as being a virtual one, as the next paragraph will discuss. USA, as the centre of virtual paper market influences prices substantially, as volumes of financially traded oil exceed physically produced units. As we see, derivatives are a major element, as... ... now considering ending its quantitative easing policy by around 2014). Also, other financial factors play a role, for instance the recycling of foreign exchange surpluses;...

13.09.2013

Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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