Mon, Sep 1, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

IEA says high oil prices are still a threat to the economy

Posted on 20 May 2011

The International Energy Agency warned Thursday that high oil prices are imperiling the global economy. The Paris-based energy watchdog, also called on oil-producing countries to increase supply before demand begins to rise during the peak summer months.
As global demand for energy typically increases from May to August, there is an “urgent” need for additional oil supplies to prevent further tightening of the market, IEA said……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36706 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930