IEA: oil price volatility negated by non-OECD demand

The International Energy Agency (IEA) says that non-Organisation for Economic Co-operation and Development (OECD) countries’ energy demand negates the volatile effects following BP’s Gulf of Mexico oil spill

ist-152647-oilinwater

The global economic recovery and the continual growth of non-OECD energy demand are some of the factors keeping short-term and medium-term supply risks from creating volatile oil market prices, says the Paris-based IEA in its September Oil Market Monthly Report.

"For the time being, nagging concerns over the robustness of economic recovery, a US gasoline season, which ended with a whimper and questions on the durability of still robust non-OECD demand growth are holding at bay perceived short-

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

CTRM systems 2024: market update and vendor landscape

A Chartis report on commodity trading and risk management systems that considers its different applications and addresses the market and vendor dynamics to determine the long-term and structural impacts of the overarching market evolution on the…

Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here