(EnergyAsia, November 30, Monday) — The International Energy Agency (IEA) has denied allegations that it has overstated its estimates of world oil reserves to avoid creating panic in the global oil and financial markets. In its latest annual outlook, the IEA has affirmed its prediction that oil production would rise to 105 million b/d by…
MARKETS: IEA denies overstating world oil reserve estimates
Posted on November 29, 2009 by EnergyAsia