(EnergyAsia, November 24 2010, Wednesday) — World conventional oil production reached its peak in 2006, the International Energy Agency (IEA) said, warning that governments and consumers must be prepared to pay higher oil prices. The age of cheap oil is now over, the Paris-based agency repeated in its latest recently-released World Energy Outlook 2010 report….
MARKETS: World conventional oil production hit peak in 2006, says IEA
Posted on November 23, 2010 by EnergyAsia