HomenewsOBJECTIVE PRESSIn U-turn, IEA sees world weathering lost Russian oil supply

In U-turn, IEA sees world weathering lost Russian oil supply

  • May 12, 2022
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
No Comments

The IEA, after warning on March 16 that 3 million barrels per day (bpd) could be shut in from April, lowered that figure for a second time as it noted only 1 million bpd had gone offline. Production ramping up elsewhere and slower demand growth due to China’s lockdowns will forestall a big deficit, the Paris-based IEA said.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.
%d bloggers like this: