This text shows managers and technical workers how to gauge the market from published data and how to understand all the things that affect market dynamics. Readers learn about key physical features of the market. By using the Persian Gulf crisis as an example, Tippee shows how published data reflect market data. International in scope, this book should be of interest to petroleum industry technical workers with no background in economics who want or need to learn to follow petroleum markets in order to understand conditions in their business.