Tag: Birol

IEA’s Birol sees 1 million bpd oil market surplus in H1 2020; says Iraq a concern


A surplus of one million barrels per day (bpd) of oil is expected to keep a lid on prices in the first half of 2020, International Energy Agency (IEA) Executive Director Fatih Birol said on January 21.Birol told the Reuters Global Markets Forum on the sidelines of the World Economic Forum meeting in Davos, Switzerland,…