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The Coming Wave: Global Oil Price Volatility
...uctuations without engaging in actual delivery contracts. As may be seen in figure 2, the number of oil futures contracts rose to approximately 1.6mn by the end of 2011 from approximately 450,000 in 2000. This excludes the less-transparent over-the-counter (OTC) market, where there is other major oil trading ac...
Volume: 55Issue: 43Published at Fri, 19 Oct 2012 -
Hydrocarbon Reserves Of Iraq
...ptember 2011, remains a dream for a while due to its cost. The main target here is the equivalent of the Khuff Formation that is gas prone in the Gulf area. New exploration in a fifth round or by OEC looks limited given the absence of strategy. Following a request from the director-general of OEC to th...
Volume: 54Issue: 43Published at Mon, 24 Oct 2011 -
The Global Financial Crisis Discloses Dysfunctional Distribution Of Income In Developed Economies
...e agenda of the European Council of Economic and Financial Affairs since March 2011 for imposition of penalties and close oversight, but the damage is already in the financial system and in the confidence of European citizens across member states. Before governments, central banks, po...
Volume: 54Issue: 43Published at Mon, 24 Oct 2011