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The international petroleum exchange model: Reference results and validation

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[Choucri] 1980 The International Petroleum Exchange Model.pdf

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Final published version.
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Author(s)
Choucri, Nazli
Date Issued
June 1980
Publisher
© Elsevier B.V.
Citation
Choucri, N. (1980). The international petroleum exchange model: Reference results and validation. the international petroleum exchange model. Futures, 12(3), 201–211.
Version
Final published version.
Abstract
The author describes the IPE model and compares its main results with the data for 1970–1978. The model's results are close to the actual consumer-import demand for those years. The model's forecasts of the future demand for oil imports, over the next 20 years, are considerably lower than the forecasts produced by some other studies.
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