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Sanctions on Russia won't affect global oil supply: IEA
short by Ananya Goyal / on 12 May 2022,Thursday
The International Energy Agency (IEA) said the world won't be left short of oil even with lower output from sanctions-hit Russia. "Steadily rising volumes from...OPEC+ and the US along with a slowdown in demand growth is expected to fend off an acute supply deficit," the IEA said. This comes after it predicted a possible global oil "supply shock" in March.
short by Ananya Goyal / 08:15 pm on 12 May
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