Sunday 1 May 2016
 
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rebalance

Limited impact from oil output freeze: IEA

A deal to freeze oil production by Opec and non-Opec producers will have a limited impact on global supply and markets are unlikely to rebalance before 2017, the International Energy Agency (IEA) said on Thursday. The IEA, which o

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Sliding oil price 'may hit Middle East projects'

The Middle East oil exporting states will probably ride out weak oil prices comfortably, but if oil drops below the price at which they can balance their budgets infrastructure and other projects will slow down, warns

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