
Oil markets
Fatih Birol, executive director of IEA, discusses a rebalancing in oil markets, oil production, US markets and prices.
Fatih Birol, executive director of IEA, discusses a rebalancing in oil markets, oil production, US markets and prices.
Low oil prices might trigger energy security concerns across the world, says a Paris-based energy body. In its World Economic Outlook 2015 report, the International Energy Agency (IEA) says an extended period of lower oil prices would benefit consumers but would trigger energy-security concerns by heightening reliance on a small number of low-cost producers, or…