A strong rise in world oil inventories along with fear of higher interest rates pushed oil prices down yesterday. Coal and gas prices also dropped while the price of carbon stayed around EUR 15/tonne.
A fresh report from the International Energy Agency (IEA) showed that oil inventories in the developed world rose to more than 1m barrels last month, their highest level in more than 20 years as high prices have an impact on demand, Financial Times reports.The IEA also said that global oil demand growth will probably be 1.24 million barrels a day this year, which is 10,000 barrels a day
Mittwoch, 14.06.2006, 08:28 Uhr
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