Working paper
Oil demand: dependence or flexibility?
- Abstract:
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Iraq’s invasion of Kuwait, the boycott of Iraqi and Kuwaiti oil and the consequent surge of international oil prices mark the third major disruption on the oil market in the past two decades. The export reductions provoked by the Arab-Israeli war of 1973, the Iranian revolution of 1978-79 and the present Gulf crisis are very similar – amounting in each case to around 10 per cent of total world consumption. On all three occasions oil prices skyrocketed: the price of crude oil nearly quadrupled...
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- Publication status:
- Published
- Peer review status:
- Reviewed (other)
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Bibliographic Details
- Publisher:
- Oxford Institute for Energy Studies Publisher's website
- Series:
- OIES paper
- Publication date:
- 1990-01-01
- Paper number:
- GWO6
- ISBN:
- 0948061464
Item Description
- Language:
- English
- Keywords:
- UUID:
-
uuid:cb3dedf3-7fba-4631-9c76-7a30ead5aaa0
- Local pid:
- ora:10254
- Deposit date:
- 2015-02-27
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Terms of use
- Copyright holder:
- Oxford Institute for Energy Studies
- Copyright date:
- 1990
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