CounterPunch Oil Wars on the Horizon Thu 10 May 2012 Conflict and intrigue over valuable energy supplies have been features of the international landscape for a long time. Major wars over oil have been fought every decade or so since World War I, and... (photo: AP / Abd Raouf)
GlobalResearch VOLATILE OIL PRICES: The Geopolitics of Speculation: Oil-price makers and takers Mon 16 Apr 2012 Every market is a process of social and power relationships. In every market there are price makers and price takers. The oil market, however, is no ordinary market, and the struggle to control the... (photo: WN / Janice Sabnal)