Who Governs Global Oil Prices?
... crude and now net-back for other petroleum products. Again, the seven sisters preferred long-term contracts and also used modern concessional tools to account for socio-economic... ... a major transitional period occurred as these majors started to negotiate with the OPEC alliance or 'cartel', with prices being linked evermore to national... ... for 7-10 years, as that is about how long a typical recession takes to roll-in! USSR had a very modest impact during the first three stages of the evolutionary track...
13.09.2013