OPEC pricing power : the need for a new perspective
Since the 1973 oil price shock, the history and behaviour of the Organization of Petroleum Exporting Countries (OPEC) have received considerable attention both in the academic literature and in the media.1 Many conflicting theoretical and empirical interpretations about the nature of OPEC and its in...
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| Format: | Working paper |
| Language: | English |
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Oxford Institute for Energy Studies
2007
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