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

World oil market outlook: recent history and forecasts of world oil prices

Technical Report ·
OSTI ID:6603860
Recent world oil price trends and pricing behavior by the Organization of Petroleum Exporting Countries (OPEC) are examined. An outlook for consumption, production and prices in the world oil market, both for the short-term horizon through 1982 and for the midterm period from 1985 through 1995 is presented. A historical review focuses on OPEC activity in the period from January 1980 to May 1981. Several sensitivity analyses and the impact of supply disruptions are used to determine projections. The appendix provides data on world crude oil prices for each of 23 countries for January, May, and June of 1980 and May of 1981. 22 tables, 9 figures.
Research Organization:
Department of Energy, Washington, DC (USA). Energy Information Administration
OSTI ID:
6603860
Report Number(s):
DOE/EIA-0307; ON: DE82003428
Country of Publication:
United States
Language:
English