Thursday 10 May 2018

Pricey crude bad news even for oil producers in long term: Faith Birol, IEA


In an exclusive interview with ET Now, Faith Birol, ED, International Energy Agency, tries to decode the dynamics of a dearer oil. Too high oil prices mean shale oil in the US and deep water in Brazil or Mexico would get a leg-up. Even deployment of electrical vehicles may speed up.

You can read more here: Pricey crude bad news even for oil producers in long term: Faith Birol, IEA

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