Heavy crude enlists in oil price war: view from the bottom

Journal Article · Wed Feb 12 04:00:00 EST 1986 · Energy Detente; (United States)

OSTI ID:6318936

World crude-oil sellers are coping not only with a downward price spiral with limited opportunities to make up revenues through increased volumes, but also with a growingly serious vulnerability to rumor on the part of their customers. More and more of the total volumes of crude oil sold internationally are based not on posted or official-term contract prices but customized, confidential prices based on the need for buyers and sellers to realize a profit margin. The results of this multifaceted shakeout will be favorable to both producing and refining sectors. This issue of ED also contains the following: (1) citations from a paper by Henry Lee, Harvard Univ., on natural gas marketing and policy changes; (2) ED's most recent asphalt imports and prices to the US; (3) ED's most recent US natural gas spot prices; (4) Venezuela's refined petroleum product prices; (5) refining netback data for the US Gulf and West Coasts, Rotterdam, and Singapore as of Jan. 24 and Feb. 4, 1986; and (6) ED's fuel price/tax series and principal industrial fuel prices as of Jan. 1986 for countries of both the Eastern and Western Hemispheres.

• OSTI ID: 6318936
• Journal Information: Energy Detente; (United States), Journal Name: Energy Detente; (United States) Vol. 7:2; ISSN EDETD
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
ASPHALTS
BITUMENS
CARBONACEOUS MATERIALS
COAL
DATA
DEVELOPING COUNTRIES
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
IMPORTS
INDUSTRY
INFORMATION
LATIN AMERICA
MARKET
MATERIALS
NATURAL GAS
NUMERICAL DATA
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PETROLEUM
PETROLEUM PRODUCTS
PRICES
SOUTH AMERICA
STATISTICAL DATA
TAR
TAXES
VENEZUELA
VISCOSITY