The Death of Petro-State Risk

Mention risk, and most people tend to think of fangled debt instruments and torrid sovereign balance sheets. That?s been (and will continue to be) a large part of the global narrative, but it?s also had a sharp resonance in the energy world. Not just in terms of hedging volatile price risk, but day to day operational issues in petro-states.

http://www.forbes.com/sites/matthewhulbert/2012/06/24/the-death-of-petro-state-risk/

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