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Oil crisis information


Oil crisis or oil shock may refer to:

  • Abadan Crisis ("Iran Oil Crisis") of 1951–1954 - nationalization, coup, and de-nationalisation in Iran
  • 1970s energy crisis
    • 1973 oil crisis, the first worldwide oil crisis, in which prices increased 400%
    • 1979 oil crisis, in which prices increased 100%
  • 1990 oil price shock (the "mini oil-shock"), in which prices increased for nine months
  • 2000s energy crisis
  • 2020 Russia–Saudi Arabia oil price war, in which prices declined more than 50%
  • 2022–2023 Russia–European Union gas dispute, in which EU member states sought to rapidly exclude natural gas imports from Russia following Russia's invasion of Ukraine
  • Peak oil, a hypothetical time in the future when oil production enters permanent decline

and 27 Related for: Oil crisis information

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1973 oil crisis

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than the global average. After it was implemented, the embargo caused an oil crisis, or "shock", with many short- and long-term effects on the global economy...

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Oil crisis

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Oil crisis or oil shock may refer to: Abadan Crisis ("Iran Oil Crisis") of 1951–1954 - nationalization, coup, and de-nationalisation in Iran 1970s energy...

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1979 oil crisis

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A drop in oil production in the wake of the Iranian Revolution led to an energy crisis in 1979. Although the global oil supply only decreased by approximately...

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1970s energy crisis

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prices. The two worst crises of this period were the 1973 oil crisis and the 1979 energy crisis, when, respectively, the Yom Kippur War and the Iranian...

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Energy crisis

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dwindling oil reserves, concerns over peak oil, and oil price speculation – triggered the 2000s energy crisis, which saw the price of oil reach an all-time...

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2000s energy crisis

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energy crisis. World crude oil demand grew an average of 1.76% per year from 1994 to 2006, with a high of 3.4% in 2003–2004. World demand for oil is projected...

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Price of oil

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resulting in the 1973 oil crisis, the Iranian Revolution in the 1979 oil crisis, the financial crisis of 2007–2008, and the more recent 2013 oil supply glut that...

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Big Oil

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and producer countries to impose regulations on the oil industry. Preceding the 1973 oil crisis, the Seven Sisters controlled around 85 per cent of the...

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World oil crisis

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oil crisis may refer to: 2000s energy crisis 1973 oil crisis World War II This disambiguation page lists articles associated with the title World oil...

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Conflict in the Niger Delta

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energy supply crisis by discouraging foreign investment in new power generation plants in the region. From 2004 on, violence also hit the oil industry with...

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Petroleum

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resulting in the 1973 oil crisis, the Iranian Revolution in the 1979 oil crisis, the financial crisis of 2007–2008, and the more recent 2013 oil supply glut that...

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2010s oil glut

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during the 2000s oil crisis, mostly in Alberta in the form of the Athabasca oil sands, though a transportation and logistics crisis in Alberta has slowed...

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OPEC

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control over oil production decisions and amid high oil prices, OPEC members unilaterally raised oil prices in 1973, prompting the 1973 oil crisis. In October...

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Abadan Crisis

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The Abadan Crisis (Persian: بحران نفتی ایران Bohrân Nafti Irân, "Iran Oil Crisis") occurred from 1951 to 1954, after Iran nationalised the Iranian assets...

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Steel crisis

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post–World War II economic expansion and the 1973 oil crisis, further compounded by the 1979 oil crisis, and lasted well into the 1980s. Steel prices dropped...

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Peak oil

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What has prevented peak oil from then on is US tight oil production, which rapidly increased since the Global Financial Crisis in 2008. Additionally, but...

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Petrodollar recycling

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periods when the price of oil is historically high. The term petrodollar was coined in the early 1970s during the oil crisis, and the first major petrodollar...

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1976 sterling crisis

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deficit, a public spending deficit, and the 1973 oil crisis were contributors. The origins of the crisis are traced to the 1972 Conservative "spend for...

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Oil embargo

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of international oil embargoes include: Oil embargo (Sino-Japanese War), 1941–1945 1967 Oil Embargo 1973 oil crisis 1979 energy crisis Embargo against...

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1997 Asian financial crisis

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1997 Asian financial crisis The 1997 Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia during the late...

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Claude Brinegar

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Brinegar had previously been an oil company executive. Brinegar was Secretary of Transportation during the 1973 oil crisis. Claude Brinegar was born Claude...

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Malaise era

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begun with regulations that coincided with or resulted from the 1973 oil crisis, and was marked by notable changes in automotive design that focused on...

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Project Independence

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Nixon on November 7, 1973, in reaction to the OAPEC oil embargo and the resulting 1973 oil crisis. Recalling the Manhattan Project, he stated that the...

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Petrocurrency

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to oil-producing nations (petrodollar recycling)—a term invented in the 1970s meaning trading surpluses of oil-producing nations. Currencies of oil-producing...

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Japan Crude Cocktail

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restricting all trade of oil. Following the events of this first oil crisis, Japan became more aware to their vulnerability to external oil prices and began focusing...

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Financial crisis

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Great Depression. 1973: 1973 oil crisisoil prices soared, causing the 1973–1974 stock market crash Secondary banking crisis of 1973–1975: United Kingdom...

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Great Recession

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like TVs and selling us oil. China, India, Abu Dhabi, Saudi Arabia made a lot of money and banked it." Describing the crisis in Europe, Paul Krugman wrote...

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