From One Cartel to Another

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

Chapter Chapter 7 in Trading and Price Discovery for Crude Oils, 2021, pp 87-102 from Springer

Abstract: Abstract Golden years. Fear of CommunismCommunism and the Cold WarCold war. Majorsmajors as instruments of foreign policy. Governments and markets do not mix well. New ‘independent’ oil companies offer producing countries better terms. Competition is not good for prices. Posted priceposted prices system is broken. Companies keep calm and carry on. OPECOrganisation of the Petroleum Exporting Countries (OPEC) is born, but not much happens.

Date: 2021
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:978-3-030-71718-6_7

Ordering information: This item can be ordered from
http://www.springer.com/9783030717186

DOI: 10.1007/978-3-030-71718-6_7

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 ().