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Oil price benchmarks in international trade: urging Gulf producers to be more proactive in creating a market for their crude

Abstract:

Speaking at the inaugural session of the World Future Energy Summit in Abu Dhabi, Chinese Prime Minister Wen Jiabao, was quoted as saying: ‘To stabilise the oil and natural gas market, we may consider establishing, under the G20 framework, a global energy market governance mechanism that involves energy suppliers, consumers and transit countries.’ (…) ‘We need to formulate …binding international rules through consultation and dialogue, and set up multilateral coordination mechanisms coveri...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Publisher's version

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Authors


Giacomo Luciani More by this author
Publisher:
Oxford Institute for Energy Studies
Journal:
Oxford Energy Forum Journal website
Volume:
87
Pages:
24-25
Publication date:
2012-02-05
ISSN:
0959-7727
URN:
uuid:2359d5df-3d39-47f7-becc-5996e79936a2
Local pid:
ora:11201
Language:
English
Keywords:

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