IEA Flags Economic Fallout From High Energy Prices

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The International Energy Agency (IEA) has topped up its 2021 oil demand forecast to reflect switching triggered by the recent spike in prices for other fuels.

EU member states are divided over whether major reforms of the bloc's wholesale gas and power markets are needed after a recent surge in prices.
Thu, Dec 2, 2021
Opec-plus kept its powder dry and stuck with its agreed output relaxation schedule in the face of the new Omicron demand threat.
Thu, Dec 2, 2021