Business

Oil-producing countries will join supply and “ease efforts”, IEA hopes


The IEA hopes that the next OPEC + meeting will “ease” the tension in the oil markets.

The head of the International Energy Agency said on Friday that he hoped oil-producing nations would take steps to alleviate supply fears as the Russian invasion of Ukraine sent waves through the markets.

IEA chief executive Fatih Birol told a news conference that he was looking for “some good messages that could help ease tensions in the oil markets” following the March 31 OPEC + meeting led by Saudi Arabia and Russia.

(This story was not edited by NDTV staff and was automatically created from a union feed.)



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