13 iunie 2018

IEA sees tight global oil market, higher prices into next year

https://www.theglobeandmail.com

The U.S. withdrawal from the Iran nuclear deal threatens to send oil prices higher, as Washington renews sanctions on the OPEC producer at a time of tightening world markets. In a tweet Wednesday, Donald Trump urged the Organization of Petroleum Exporting Countries (OPEC) to agree on higher production quotas at its meeting next week, although some analysts suggest the U.S. President’s intervention makes it less likely that a deal can be struck. The International Energy Agency (IEA) warned [...]