Recent developments in the oil market

- Author: United Nations Conference on Trade and Development
- Main Title: Trade and Development Report 1987 , pp 169-171
- Publication Date: December 1987
- DOI: https://doi.org/10.18356/ed08d461-en
- Language: English
Oil prices plummeted from an average of around $28 per barrel at the end of 1985 to less than $10 per barrel in mid-1986. At the end of the summer they began to firm up, reaching on average $12-15 at the end of the year and $18 in the early part of 1987, and now stand at $18-19; in terms of the yen and the deutsche mark the current price is 60 per cent above the mid-1986 level.
© United Nations
ISBN (PDF):
9789210602907
Book DOI:
https://doi.org/10.18356/1ef6a88e-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
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