Introduction

Adi Imsirovic ()
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Adi Imsirovic: The Oxford Institute for Energy Studies (OIES)

Chapter Chapter 1 in Trading and Price Discovery for Crude Oils, 2021, pp 1-12 from Springer

Abstract: Abstract Oil, policy, and market power. Looking at the mirror: Early days of the oil markets in the United States. From competition to monopoly. From monopoly to competition (oil markets going global). Governments and oil markets. From one cartel to another. Producers and companies: Transfer of power. The producers’ cartel. Governments and markets. Benchmarks: Brent. Dubai and Oman: Brent’s Asian relatives. US oil and the WTI benchmark. Global oil markets: Lessons from the 2020 COVID-19 pandemic. Epilogue.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-71718-6_1

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DOI: 10.1007/978-3-030-71718-6_1

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