The Asian crisis of 1997, the failure of Long Term Capital Management and Russia’s debt default in 1998 send the crude oil price under the $10 a barrel. Since the beginning of the century, the global demand grew by 3.9% per year, while oil supply struggled to keep pace with demand. There were few major […]
The Black Gold Rush
2 aprilie 2010, 05:41
Ultima modificare în 2 aprilie 2010, 08:41
The Asian crisis of 1997, the failure of Long Term Capital Management and Russia’s debt default in 1998 send the crude oil price under the $10 a barrel. Since the beginning of the century, the global demand grew by 3.9% per year, while oil supply struggled to keep pace with demand. There were few major [...]
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