1980s oil glut
The 1980s oil glut was a serious surplus of crude oil caused by falling demand following the 1970s energy crisis. The world price of oil had peaked in 1980 at over US$35 per barrel (equivalent to $110 per barrel in 2020 dollars, when adjusted for inflation); it fell in 1986 from $27 to below $10 ($64 to $24 in 2020 dollars). The glut began in the early 1980s as a result of slowed economic activity in industrial countries due to the crises of the 1970s, especially in 1973 and 1979, and the energy conservation spurred by high fuel prices. The inflation-adjusted real 2004 dollar value of oil fell from an average of $78.2 in 1981 to an average of $26.8 per barrel in 1986.
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1980s oil glut
The 1980s oil glut was a serious surplus of crude oil caused by falling demand following the 1970s energy crisis. The world price of oil had peaked in 1980 at over US$35 per barrel (equivalent to $110 per barrel in 2020 dollars, when adjusted for inflation); it fell in 1986 from $27 to below $10 ($64 to $24 in 2020 dollars). The glut began in the early 1980s as a result of slowed economic activity in industrial countries due to the crises of the 1970s, especially in 1973 and 1979, and the energy conservation spurred by high fuel prices. The inflation-adjusted real 2004 dollar value of oil fell from an average of $78.2 in 1981 to an average of $26.8 per barrel in 1986.
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Après les chocs pétroliers de ...... l le niveau de -38,95 dollars.
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Istilah banjir minyak 1980-an ...... runan harga sebesar 46 persen.
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La caída de los precios del pe ...... 9 dólares por barril en 1986.
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The 1980s oil glut was a serio ...... e price by half in 1986 alone.
@en
Перевиробництво нафти в 80-х р ...... вічі знизило ціну в 1986 році.
@uk
Перепроизводство (излишняя доб ...... 1986 году понизились на 46 %.
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وفرة النفط خلال ثمانينيات القر ...... اض 46% من الأسعار في عام 1986.
@ar
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15.034.446
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1.018.361.937
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Après les chocs pétroliers de ...... minimum de 10 dollars en 1986.
@fr
Istilah banjir minyak 1980-an ...... ata $26,8 per barel pada 1986.
@in
La caída de los precios del pe ...... s petroleras de los años 1970.
@es
The 1980s oil glut was a serio ...... e of $26.8 per barrel in 1986.
@en
Перевиробництво нафти в 80-х р ...... улювали високі ціни на паливо.
@uk
Перепроизводство (излишняя доб ...... долларов по нынешнему курсу).
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وفرة النفط خلال ثمانينيات القر ...... rily floats in a glut of oil".
@ar
label
1980s oil glut
@en
1980년대 석유 공급과잉
@ko
Banjir minyak 1980-an
@in
Caída de los precios del petróleo en los años 1980
@es
Contre-choc pétrolier
@fr
Перевиробництво нафти у 1980-х роках
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Перепроизводство нефти в 1980-х годах
@ru
وفرة النفط في الثمانينات
@ar