Spikes and Shocks: The Financialisation of the Oil Market from 1980 to the Present Day by Angelos Gkanoutas-Leventis
English | 28 Dec. 2016 | ISBN: 1137594608 | 157 Pages | PDF | 3.62 MB
This book proposes that price volatility and speculation in the oil market originate from a decades-long process of financialisation. The author challenges mainstream critical accounts of the market that typically invoke the notion of a global oil shortage and so-called ‘peak oil’ arguments.