markets and support high prices through to at least 2013, said the International Energy Agency. In its most definitive pronouncement, the agency told the world to expect “supply constraints, refinery limitations and continued demand growth in key emerging markets” to maintain pressure on the oil markets. “Record prices in the oil market in recent…
MARKETS: World in ‘third oil shock’, IEA predicts continued supply tightness through 2013
Posted on July 2, 2008 by EnergyAsia