World demand for crude oil
Conference
·
· Soc. Pet. Eng. AIME, Pap.; (United States)
OSTI ID:6194466
The purpose of this study is to determine the likely changes in the world demand for crude oil in response to predictable changes in the levels of domestic economic activity in the major oil consuming regions of the world. A world model of the demand for crude oil using an econometric framework was constructed. The model is expected to forecast domestic and import demand for crude oil among the major regions, using assumed levels of macro-economic activity, prices and changes in stocks. This model was also designed to assess the sensitivity of the future demand and price of oil because of its uncertainty associated with most econometric and engineering studies of the demand and price responsiveness of oil/energy market. This model will be helpful in regulating the oil prices for better planning and development to the producers and consumers alike. As a result of this model, low-income countries would benefit most.
- Research Organization:
- King Saud Univ.
- OSTI ID:
- 6194466
- Report Number(s):
- CONF-8409104-
- Conference Information:
- Journal Name: Soc. Pet. Eng. AIME, Pap.; (United States) Journal Volume: SPE 13196
- Country of Publication:
- United States
- Language:
- English
Similar Records
Forecasting energy demand in the developing world
Aggregate energy and oil demand in less developed countries
California demand and supply of crude oil: An econometric analysis with projections to 2000
Journal Article
·
Sat Oct 31 23:00:00 EST 1998
· Energy Sources
·
OSTI ID:669973
Aggregate energy and oil demand in less developed countries
Journal Article
·
Wed Dec 31 23:00:00 EST 1986
· Energy Syst. Policy; (United States)
·
OSTI ID:6678675
California demand and supply of crude oil: An econometric analysis with projections to 2000
Thesis/Dissertation
·
Mon Dec 31 23:00:00 EST 1990
·
OSTI ID:5253482