Home IEA: Slashed spending by drillers could lead to price spike
 

Keywords :   


IEA: Slashed spending by drillers could lead to price spike

2016-02-22 22:40:58| Energy - Topix.net

"' Oil prices will more than double by 2020 as current low prices lead drillers to cut investment in new production and gradually reduce the glut of crude, the head of a group of oil-importing countries said Monday. Oil prices shot to more than $100 a barrel in mid-2014 before a long slide sent them crashing below $30 last month.

Tags: price lead spending spike

Category:Energy and Environment

Latest from this category

All news

24.115 2 PG
24.11215103TW 17svtw
24.11 Switch light
24.11Dr.SLUMP 19
24.11layover LP
24.11PING i230 6W 5
24.11BTS CD
24.11HG 56
Energy and Environment »
24.115 2 PG
24.11215103TW 17svtw
24.11 Switch light
24.11Dr.SLUMP 19
24.11layover LP
24.11PING i230 6W 5
24.11BTS CD
24.11HG 56
More »