International Energy Agency head says in the middle of first global energy crisis

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International Energy Agency head says in the middle of first global energy crisis

<p>International Energy Agency (IEA) head ( Executive Director) Dr Fatih Birol.</p><ul><li>Says the world is in the middle of the first truly global energy crisis.</li><li>the decision from OPEC+ to cut output by 2mn bbl/day is a risky one, especially as several economies are on the brink of recession</li><li>global LNG markets will tighten further in the next year as Europe's imports will increase and demand from China may rebound</li></ul><p>---</p><p>Birol is gonna get an 'attaboy' from someone who has railed against the OPEC+ cut ...</p>

                This article was written by Eamonn Sheridan at forexlive.com.

Source: International Energy Agency head says in the middle of first global energy crisis

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