The Structure of the International Oil Industry: Multinationals, Governments and OPEC

Edith Penrose

Chapter 2 in The International Oil Industry, 1987, pp 9-18 from Palgrave Macmillan

Abstract: Abstract The purpose of this paper is to sketch briefly and with a broad brush an outline of the structure of the international oil industry and the changes in the roles of the several actors therein. This should provide a background against which those with little knowledge of the industry and its evolution can consider the more specialized discussions to follow in the subsequent chapters.

Keywords: Saudi Arabia; Transfer Price; Spot Market; Official Price; British Petroleum (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09340-3_2

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DOI: 10.1007/978-1-349-09340-3_2

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