eu debt crisis a factor on oil prices
Saturday 15 February 2025
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

EU debt crisis a factor on oil prices

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice EU debt crisis a factor on oil prices

Riyadh - UPI

Though the European debt crisis could add volatility to the energy market, there\'s no expectation of another global recession, a report said. Delegates with the International Energy Agency, International Energy Forum and Organization of Petroleum Exporting Countries were hosts for a symposium on energy outlook in Riyadh this week. In a brief statement, the agencies said their \"experts reviewed uncertainties affecting the short-, medium- and long-term markets, including the impact of income levels and prices on demand.\" The statement offered few specifics. Oil prices held more or less steady in recent days despite pressure on Iran, which has threatened to choke off much of the world\'s oil passing through shipping lanes in the Strait of Hormuz. The IEA said it wouldn\'t react to the Iranian situation unless there were disruptions in global oil supplies. OPEC last year did nothing to counter economic concerns over the shortage of oil out of war-torn Libya, though the IEA called on member states to release strategic petroleum reserves to offset market disruptions. The IEF, in a summary paper prepared before the symposium, said it expected the European debt crisis to \"weigh heavily\" on oil prices, adding there was a \"general uncertainty\" on the overall prospects for the global economy. OPEC offered a similar sentiment in its monthly report for January. The IEF said, however, there was \"no assumption of double-dip recession\" expected for 2012.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu debt crisis a factor on oil prices eu debt crisis a factor on oil prices

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

eu debt crisis a factor on oil prices eu debt crisis a factor on oil prices

 



GMT 06:32 2017 Thursday ,23 March

Morocco Fassi’s

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 17:05 2016 Wednesday ,21 September

Top steelmakers to merge as market struggles with glut

GMT 12:58 2017 Sunday ,13 August

'Locked and loaded' if N. Korea acts 'unwisely'

GMT 21:02 2017 Tuesday ,03 October

Yemen condemns terrorist blast in Bahrain

GMT 00:34 2017 Thursday ,23 March

Expect unstable weather in UAE from Thursday

GMT 13:36 2017 Wednesday ,13 September

Apple lays claim to smartphone future

GMT 23:31 2017 Wednesday ,26 July

Trump set to unveil $10 bn Foxconn deal

GMT 20:17 2013 Thursday ,02 May

Nancy Ajram records new songs while in Egypt

GMT 18:34 2011 Sunday ,17 July

UK media ignores Murdoch role in Iraq war

GMT 15:22 2012 Saturday ,13 October

White table in a curved design

GMT 19:20 2013 Sunday ,10 February

World\'s largest crocodile dies in Philippines
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice