TY - BOOK ID - 16549548 TI - Oil trade : politics and prospects PY - 1993 VL - *1 SN - 0521331439 052114745X 0511582404 0511002416 9780521331432 9780511002410 9780511582400 9780521147453 PB - Cambridge Cambridge University Press DB - UniCat KW - Petroleum industry and trade. KW - Petroleum products KW - Prices. KW - Petroleum industry and trade KW - Petroleum--Handel en industrie KW - Pétrole--Commerce et industrie KW - International economic relations KW - Prices KW - Organization of Petroleum Exporting Countries KW - Business, Economy and Management KW - Economics KW - Petroleum KW - Energy industries KW - Oil industries KW - Organization of Petroleum Exporting Countries. KW - Munazẓamat al-Buldān al-Muṣaddirah li-Nafṭ KW - O.P.E.C. KW - O.P.E.P. KW - OPEC KW - OPEK KW - OPEP KW - Organisation of Petroleum Exporting Countries KW - Organización de Países Exportadores de Petróleo KW - Organizația Țărilor Exportatoare de Petrol KW - Organization of the Petroleum Exporting Countries KW - Sekiyu Yushutsukoku Kikō KW - Ūbbik KW - Ūpik KW - Sāzmān-i Kishvarʹhā-yi Ṣādirʹkunandah-yi Naft KW - אופ׳ק KW - منظمة البلدان المصدرة للبترول KW - منظمة البلدان المصدرة للنفط KW - اوبك KW - اوپك KW - سازمان کشورهاى صادرکنندهى نفت KW - Petroleum products - Prices. KW - OPEC (Organization of the Petroleum Exporting Countries) KW - سازمان کشور‌هاى صادرکننده‌ى نفت UR - https://www.unicat.be/uniCat?func=search&query=sysid:16549548 AB - After a century of exponential growth, the international oil industry suddenly slowed down in the 1970s, faltered during the 1980s, and by 1991 was just about back to its 1979 level. That break in trend of its dominance in world energy became clear in 'the OPEC decade' from 1973 onwards, gaining a surge of riches for oil-exporting countries. This book, which was originally published in 1993, is a descriptive analysis of influences in the world oil trade. It is concerned with a central unchanged paradox of the industry - its preoccupation with maximising the production of high-cost rather than low-cost oil. It follows the rise and decline of OPEC monopoly power in the crude market, and shows how growth in the international oil business has almost ceased since the late seventies, exploring the reasons behind this slowdown. The author has had twenty-five years of practical experience in petroleum economics. ER -