The Introduction: The ‘Rivers of Money’

Adi Imsirovic () and Colin Bryce ()
Additional contact information
Adi Imsirovic: Surrey Clean Energy
Colin Bryce: Energex Partners

Chapter Chapter 1 in The Rivers of Money, 2025, pp 1-16 from Springer

Abstract: Abstract This chapter delves into the intricate history and evolution of modern oil trading, tracing its roots from the 1970s to the present day. It highlights the transformation of the oil market from a tightly controlled oligopoly dominated by major oil companies to a dynamic and resilient global commodity market. The narrative emphasises the human dimension of trading, showcasing the visionary individuals and key events that shaped the industry. It explores the socio-economic impacts of oil trading, the emergence of new trading hubs, and the role of geopolitical and financial crises in driving market adaptability. The chapter also examines the ethical considerations and regulatory challenges faced by traders, underscoring the importance of markets in fostering economic growth and global connectivity. Through detailed accounts of significant players and trading strategies, the chapter provides a comprehensive overview of the oil market's development, its complexities, and its profound influence on the global economy.

Keywords: Markets; Trading; Social construct; Socio-economic impact (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-91806-3_1

Ordering information: This item can be ordered from
http://www.springer.com/9783031918063

DOI: 10.1007/978-3-031-91806-3_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().