Baccalauréat Section Européenne, session juin 2001
Discipline Non linguistique: Sciences Economiques et Sociales

Preparation : 20 minutes
Oral exam : 20 minutes, 10 minutes to answer the question, and 10 minutes for discussion.

Using the document and your knowledge, make a structured answer of the following question.


Subject n°9 :

Describe the world oil market (Structure and evolution).

Table 1 The world oil market Barrels per day, million

1990
1995
1998
Demand
OECD, of which
41.6
44.9
46.8
United States
20.7
21.6
23.0
Europe
13.7
14.6
15.3
Pacific
7.2
8.7
8.4
Non-OECD
24.9
25.2
27.1
Total
66.8
70.1
73.8
Supply
OECD
18.9
21.1
21.9
OPEC
25.0
27.7
31.0
Former Sovit Union
11.4
7.1
7.3
Other non-OECD
11.5
14.3
15.2
Total
66.9
70.1
75.3
Trade
OECD net imports
22.9
23.5
25.2
Former Soviet Union net export
3.1
2.4
3.0
Other non-OECD net exports
19.8
21.1
22.2
Prices
OECD crudeoil import price $/barrel, cif
22.3
17.2
12.6

Note: Totals may not equal sum of components owing to rounding.
*OPEC = Organisation of Petroleum Exporting Countries
*OECD =Organisation for Economic Cooperation and Development)

Source: OECD.