The Annual Oil Market Report, 1989, investigates the significant shifts in global oil markets during that year and the preceding decade. The report, authored by the OECD, provides a comprehensive statistical overview of the petroleum industry, drawing on historical data to analyze trends in consumption, stocks, supply, prices, reserves, refining, trade, and industry financing. It aims to offer a detailed account of the factors influencing the oil sector.

This report is a factual compilation of data and analysis from the OECD, intended for professionals and researchers in the energy and economics sectors. Its value lies in its detailed statistical presentation and historical context, providing a comprehensive snapshot of the oil market at a specific point in time. The authority perspective is that of a leading international economic organization, offering a data-driven overview.