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International Energy expects a slowdown in global oil demand growth
International Energy expects a slowdown in global oil demand growth
The director of the International Energy Agency, Fatih Berool, said that oil markets are entering an unprecedented period of uncertainty due to geopolitical instability.
"We are entering an unprecedented period of uncertainty in the oil markets ... so it is very important that Norway be a reliable oil and gas supplier," Berrol said at a conference organized by Norwegian oil company Ekinor.
Saudi Arabia's crude exports to the United States may soon reach their lowest levels, according to estimates by Clipper Data, citing fears of a global supply market with strong signs of slowing oil demand growth due to the economic downturn.
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