22 February: Launch of Medium-Term Oil Market Report 2016
In the 2016 edition of its Medium-Term Oil Market Report, the International Energy Agency analyses the key factors impacting the supply and demand for oil from today out to 2021. These include: high-cost supply resilience from light, tight oil producers in the United States; the lifting of nuclear sanctions on Iran; the impact on demand of lower oil prices – including recent subsidy changes in the Middle East; and the timing of the oil market’s return to balance. This report is published during one of the most fascinating periods in oil market history. …..