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Title: OPEC and the world oil market: The genesis of the 1986 oil price crisis

Book ·
OSTI ID:7147006

The history of OPEC's attempts to determine prices in the world petroleum market has involved notable successes and several crises. Much has been written on the oil price explosions of 1973 and 1979 but the story of OPEC crises which began in 1974 and culminated with the oil price collapse of 1986 has not received much attention. The book analyses the nature of these OPEC crises, and the causes and circumstances of their occurrence, and assesses OPEC's behaviour when there is a glut in the market.

OSTI ID:
7147006
Country of Publication:
United States
Language:
English