Statements (25)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:alsoKnownAs |
gptkb:1980s_oil_glut
|
| gptkbp:category |
gptkb:energy
oil market 1980s economic history |
| gptkbp:cause |
OPEC policies
increased oil production decreased demand for oil non-OPEC oil production increase |
| gptkbp:effect |
sharp decline in oil prices
benefits for oil-importing countries economic difficulties for oil-exporting countries |
| gptkbp:endDate |
1986
|
| gptkbp:followedBy |
gptkb:1990_oil_price_shock
|
| https://www.w3.org/2000/01/rdf-schema#label |
Oil price crisis 1980s
|
| gptkbp:notableEvent |
oil price fell from $35 to below $10 per barrel
|
| gptkbp:notableFor |
1986
|
| gptkbp:precededBy |
gptkb:1979_energy_crisis
|
| gptkbp:relatedTo |
gptkb:OPEC
gptkb:Saudi_Arabia gptkb:Soviet_Union gptkb:United_States |
| gptkbp:startDate |
1980
|
| gptkbp:bfsParent |
gptkb:Fahd_of_Saudi_Arabia
|
| gptkbp:bfsLayer |
6
|