Investment Drop for Oil and Gas Fields could Increase Price for Energy Carriers

04.03.2010
    Commentary          According to Fatikh Birol, Senior Economist at the International Energy Agency, oil prices may hit $150 per barrel and higher.     A considerable price increase may hit global economic recovery, CEIBCNews reports citing the German Handelsblatt newspaper.     According to the IEA, investments into the oil industry dropped 19% in 2009. Total plans...