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U.S. Department of Energy
Office of Scientific and Technical Information

Iranian petroleum supply disruption: an assessment in terms of world oil prices. Analysis report AR/IA/79-33

Technical Report ·
OSTI ID:5798641
This paper examines the impact on the world oil market of the recent oil shortages caused by the revolution in Iran. In the first quarter of 1979, the political disturbances in Iran caused a loss of approximately six million barrels per day (MMBD) of oil production and these disturbances may have even impaired the ability or willingness of Iran to produce such large volumes of oil in the future. This paper examines the effects of this loss on the short- and mid-term world oil prices and provides estimates of the short run petroleum product prices and demands in the United States. 6 figures, 9 tables.
Research Organization:
Department of Energy, Washington, DC (USA). Energy Information Administration
OSTI ID:
5798641
Report Number(s):
DOE/EIA-0184/13
Country of Publication:
United States
Language:
English