IEA: Oil prices buoyed by international shortages

2021-10-14

The International Energy Agency said that demand for oil is rising due to crude shortages in Asia and Europe, giving oil prices a lift. "There is some unseasonably high demand for fuel oil" across the globe due to the reduced supply of natural gas and liquified natural gas, said the IEA.

Full story:

API SmartBrief

News for the oil and natural gas industry

API SmartBrief is a FREE, daily email newsletter covering the oil and natural gas industry. It provides the latest news and information you need to stay informed about important issues impacting your business.