Published September 2018
| Version v1
Journal article
The oil market in 2008 and 2018: continuity or disruption?
Creators
- 1. Terega, departement des relations institutionnelles (France)
- 2. Universite Paris-Dauphine, (France)
Description
Apparently, the world oil market has hardly changed between 2008 and 2018. A few dozen dollars less for the price of a barrel of Brent (97 dollars in 2008, between 80 and 85 dollars in October 2018) generating a considerable financial windfall for the countries of the Organization of the Petroleum Exporting Countries (OPEC). With 70% of the world's production traded internationally, oil still accounts for about 35% of the world's energy mix and demand for crude oil will exceed the 100 million barrels per day threshold for the first time in 2018
Abstract (French)
A premiere vue, le marche petrolier mondial n'a guere evolue entre 2008 et 2018. Quelques dizaines de dollars de moins pour le prix du baril de Brent (97 dollars en 2008, entre 80 et 85 $ en octobre 2018) engendrant une manne financiere considerable pour les pays de l'Organisation des pays exportateurs de petrole (OPEP). Avec 70 % de la production mondiale donnant lieu a des echanges internationaux, le petrole represente toujours 35 % environ du mix energetique mondial et la demande de brut depassera pour la premiere fois le seuil des 100 millions de barils par jour en 2018Additional details
Additional titles
- Original title (French)
- Le marche petrolier en 2008 et en 2018: continuite ou rupture?
Publishing Information
- Journal Title
- Revue de l'Energie
- Journal Volume
- 640
- Journal Page Range
- p. 71-73
- ISSN
- 0303-240X
INIS
- Country of Publication
- France
- Country of Input or Organization
- France
- INIS RN
- 51039657
- Subject category
- S02: PETROLEUM; S29: ENERGY PLANNING, POLICY AND ECONOMY;
- Descriptors DEI
- ENERGY DEMAND; ENERGY POLICY; EXPORTS; MARKET; OPEC; PETROLEUM; PRICES; PRODUCTION
- Descriptors DEC
- DEMAND; ENERGY SOURCES; FOSSIL FUELS; FUELS; GOVERNMENT POLICIES; INTERNATIONAL ORGANIZATIONS; OIL-EXPORTING COUNTRIES; TRADE
Optional Information
- Notes
- 3 refs.