Institutional Evolution of the Global Oil Market

G. B. Bolotov

Abstract


The article analyzes the institutional stages of the development of the world oil market, conditioned by the dominant types of market structures (monopoly, oligopoly, perfect competition), the positions of the largest players, pricing methods.

Keywords


global oil market; monopoly; oligopoly in the oil market

References


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Bolotov G.B. 2022. Institutsionalnaya evolyutsiya mirovogo neftyanogo rynka [Institutional evolution of the world oil market]. In: Geologiya i poleznye iskopaemye Zapadnogo Urala. 5(42):110 – 116. (in Russian)

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DOI: http://dx.doi.org/10.17072/psu.geol.22.3.267

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