International Oil Market

  • Subhes C. BhattacharyyaEmail author


This chapter provides a brief review of the evolution and developments of the international oil market. It sketches the historical evolution of the oil industry and indicates the major changes observed in this market. The chapter also presents a brief analysis of some relevant issues such as the changing role of international and national oil companies, changing demand-supply patterns and the OPEC behaviour.


Oil market OPEC International companies Price trends 


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Copyright information

© Springer-Verlag London Ltd., part of Springer Nature 2019

Authors and Affiliations

  1. 1.Institute of Energy and Sustainable DevelopmentDe Montfort UniversityLeicesterUK

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