Statements (22)
Predicate | Object |
---|---|
gptkbp:instanceOf |
economic crisis
|
gptkbp:cause |
increased oil production
decreased demand for oil |
gptkbp:consequence |
decline in oil prices
economic crisis in oil-exporting countries recession in oil-dependent economies |
gptkbp:endDate |
1986
|
https://www.w3.org/2000/01/rdf-schema#label |
1980s oil glut
|
gptkbp:location |
global
|
gptkbp:notableParticipant |
gptkb:OPEC
gptkb:Saudi_Arabia gptkb:Soviet_Union gptkb:United_States |
gptkbp:relatedEvent |
gptkb:1979_energy_crisis
gptkb:1973_oil_crisis gptkb:1990_oil_price_shock |
gptkbp:resultedIn |
oil price collapse
budget deficits in oil-exporting countries restructuring of oil industry |
gptkbp:startDate |
1980
|
gptkbp:bfsParent |
gptkb:Oil_price_crisis_1980s
|
gptkbp:bfsLayer |
7
|