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...