You are here

IEA sees only partial rebound in oil prices

It also forecasts US shale oil output growth will slow to a trickle this year


GLOBAL oil prices will recover only partially from spectacular lows, which are unlikely to spur economic growth or kill off US shale gas production, the International Energy Agency (IEA) said on Tuesday.

The IEA said in its five-year forecast that crude prices will recover

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom