Who Governs Global Oil Prices?
... year’s IMEMO RAN event; the “Oil & Gas Dialogue” (26/04/13). As usual, ... ... 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 ... ... a typical recession takes to roll-in! USSR had a very modest impact during the first ... ... liquidity is invested back into the large developed economies that also tend to be the ...
13.09.2013