Abstract:
In this article the author examines trends in the global oil market, namely the oil market in Latin America. Na¬tionalization process of oilfield in Venezuela and Bolivia is interesting. The officials of the countries understand the complexity of the conjuncture of countries to redistribute income and try to find ways to keep foreign investors in the market. In addition the article expressed the views of experts that the rising price of oil in the world is increas¬ingly eroded freedom of speech and press. It means that raw material appendage negatively affects in processes of democratization in the country. The author attempted to define the features of the impact on world oil companies the processes of nationalization and redistribution of income in Latin America.
Description:
In this article the author examines trends in the global oil market, namely the oil market in Latin America. Na¬tionalization process of oilfield in Venezuela and Bolivia is interesting. The officials of the countries understand the complexity of the conjuncture of countries to redistribute income and try to find ways to keep foreign investors in the market. In addition the article expressed the views of experts that the rising price of oil in the world is increas¬ingly eroded freedom of speech and press. It means that raw material appendage negatively affects in processes of democratization in the country. The author attempted to define the features of the impact on world oil companies the processes of nationalization and redistribution of income in Latin America.
