(EnergyAsia, February 26 2015, Thursday) — Forget about oil prices overshooting to the upside and making a strong recovery even as the growth in global oil supply slows sharply from mid-year, predicts the International Energy Agency (IEA). With the drastically changed market conditions, the agency said it expects the crude oil price to average US$55…
MARKETS: IEA dampens expectations for major oil price rise as supply growth slows from mid-2015
Posted on February 26, 2015 by EnergyAsia