The Evolution of Oil Prices and the Role Played by OPEC+
After the two oil shocks of the 1970s when OPEC was able to strongly increase the prices at the expense of economic recessions, a collapse followed in 1986, the so called oil counter-shock, due to the disagreements within OPEC and the decisions taken by Saudi Arabia to strongly increase oil supply....
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| Format: | Article |
| Language: | English |
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Nicolae Titulescu University
2021-06-01
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| Series: | Global Economic Observer |
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| Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_9_no_1/geo_2021_vol9_no1_art_011.pdf |