The Structure of the International Oil Industry: Multinationals, Governments and OPEC

  • Edith Penrose


The purpose of this paper is to sketch briefly and with a broad brush an outline of the structure of the international oil industry and the changes in the roles of the several actors therein. This should provide a background against which those with little knowledge of the industry and its evolution can consider the more specialized discussions to follow in the subsequent chapters.


Europe Income Marketing Egypt Nigeria 


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Copyright information

© International Research Programme, London School of Economics 1987

Authors and Affiliations

  • Edith Penrose

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