Petromania - by Daniel O'Sullivan (Paperback)
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<p/><br></br><p><b> About the Book </b></p></br></br>"Petromania" details how the oil markets meshed with other trends to create a moment just a year ago that saw investment banks and hedge funds collectively wield more power over the price of petroleum than OPEC or any multinational oil company.<p/><br></br><p><b> Book Synopsis </b></p></br></br>The spike in the oil price to almost $150 per barrel in summer 2008 was the last great excess of the crazed noughties bull markets, staged even as stock markets crumbled worldwide. This book shows how regulatory blindness to the 'dark matter' of modern finance caused so many to confuse fantasy with reality for so long.<p/><br></br><p><b> About the Author </b></p></br></br><P>Daniel O'Sullivan is a journalist who has covered the energy and mining sectors for the past decade. He is currently employed by the Investors Chronicle magazine, part of the Financial Times group.
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