... develop in trading conditions of the oil industry's general environment and their likely influences on the key structural assumptions inbuilt in the "strategic cycling" perspective of the integrated operations approach presented in Part I. OPEC A key question used to be how much oil OPEC would be prepared...

... of the oil industry of the Seven Sisters. Nevertheless it is in this context and environment of interdependence and interconnectedness that the integrated oil companies will have to make difficult decisions about resource allocations. How likely is a break up of OPEC? In the oil industry prior to the 1970s...