1987 world oil market chronology

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  • January: OPEC price accord begins to deteriorate.
  • February: OPEC majors stick to fixed prices.
  • June–August: Gulf war escalates.
  • December: OPEC meeting failure.
previous year:
1986 world oil market chronology
This article is part of the
Chronology of world oil market events (1970-2005)
following year:
1988 world oil market chronology


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