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OPEC and the Price of Petroleum
Michael Rauscher
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Description for OPEC and the Price of Petroleum
Paperback. Series: Studies in International Economics & Institutions. Num Pages: 206 pages, 16 black & white tables, biography. BIC Classification: KCA; KCN. Category: (P) Professional & Vocational. Dimension: 242 x 170 x 13. Weight in Grams: 391.
1. 1. Oil price fluctuations and their impact on economic performance Drastic oil price fluctuations have been a major characteristic of the world petroleum market since the beginning of the seventies. The oil crises of 1973n4 and 1979/80 were followed by a dramatic drop of the oil price during the first two quarters of 1986. Starting from a level less than 2 $ per barrel in 1972, the spot market price of Arabian Light crude oil increased to some 35 $ in 1980, then slowly decreased, and finally fell to 13 $ in 1986 (annual averages). If monthly data are ... Read more
1. 1. Oil price fluctuations and their impact on economic performance Drastic oil price fluctuations have been a major characteristic of the world petroleum market since the beginning of the seventies. The oil crises of 1973n4 and 1979/80 were followed by a dramatic drop of the oil price during the first two quarters of 1986. Starting from a level less than 2 $ per barrel in 1972, the spot market price of Arabian Light crude oil increased to some 35 $ in 1980, then slowly decreased, and finally fell to 13 $ in 1986 (annual averages). If monthly data are ... Read more
Product Details
Format
Paperback
Publication date
2012
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
206
Condition
New
Series
Studies in International Economics & Institutions
Number of Pages
206
Place of Publication
Berlin, Germany
ISBN
9783642839283
SKU
V9783642839283
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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