This blog is dedicated to discuss the political economy of oil markets with a critical and historical approach. Oil has become a unique commodity in modern capitalism. Its market has been driven by transnational corporations and financial markets speculation. Articles, papers and personal comments on the global oil market framework, its fundamentals, supply and demand, cartels, imperialist policies, and the underlain class struggle issues are being daily gathered.
OPEC agreed to increase its daily production quota by half a million barrels in an effort to cool high crude costs and head off a further dampening of the global economy.
posted by Aberto Handfas | 11:22 AM
0 Comments:
Post a Comment
<< Home