Iea: Oil Price Spike Coming In 2020

The world could be heading for an oil supply crunch in a few years due to the sharp fall in industry spending.        

Topics:  oil   
BING NEWS:
  • Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
    It’s among the ugliest terms to central bankers. To be fair, one GDP report isn’t necessarily indicative of a trend. And on top of that, Thursday’s data is subject to two subsequent revisions, which ...
    04/25/2024 - 10:26 am | View Link
  • US bank releases USD130 oil caution
    Amid escalating tensions between Israel and Iran, Bank of America has issued a warning that an all-out conflict between the two nations could signifi ...
    04/24/2024 - 11:23 pm | View Link
  • Iran-Israel conflict: Oil, LNG prices to shoot up if Tehran blocks Strait of Hormuz
    Oil and LNG prices are likely to shoot up if Iran is to block Strait of Hormuz, through which countries like India import crude oil from Saudi Arabia, Iraq and UAE, leading to a spike in inflation, ...
    04/20/2024 - 9:08 pm | View Link
  • Geopolitical Tensions Fail to Spark Oil Price Surge
    The fluctuating prices in response to the tensions in the Middle East show that traders continue to price in various degrees of escalation or de-escalation in the conflict on any given day or minute.
    04/20/2024 - 12:00 pm | View Link
  • Oil Prices Spike—And Fall—As Iran Downplays Israel’s Reported Airstrikes: Here’s How That Could Affect Gas Prices
    Iran state media downplayed reported Israeli airstrikes on Friday, resulting in a roller coaster day for oil prices.
    04/19/2024 - 6:15 am | View Link
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