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Oil prices to see more volatility in 2017: IEA chief

Rebalancing of markets expected in first half of this year as output cuts take effect
Tuesday, January 17, 2017 - 05:50

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Mr Birol said although the Opec agreement could signal higher oil prices, it would also encourage more production from the US and elsewhere.

Abu Dhabi

GLOBAL oil prices will witness "much more volatility" in 2017 even though markets may rebalance in the first half of the year if output cuts pledged by producers are implemented, the head of the International Energy Agency (IEA) said on Sunday.

The Organization of the

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