IEA's Birol Urges Oil Producers to Pump More

Published

IEA Executive Director Fatih Birol / Credit: IEA
IEA Executive Director Fatih Birol / Credit: IEA

 International Energy Agency (IEA) chief Fatih Birol on Monday urged oil-producing countries to pump more to stabilize markets affected by the war in Ukraine.

After an initial release of 62 million barrels, the IEA would make further releases if "conditions stay or worsen", Birol told an energy conference in Rabat.

"Every responsible oil producer needs to put more oil in the market," he said via video conference.


(Reuters - Reporting by Ahmed El Jechtimi; editing by Jason Neely)

Current News

Milei Vows Tougher Sanctions, Defense Push Over Falklands Oil Drilling

Milei Vows Tougher Sanctions,

ABS to Support Floating Offshore Wind Development in Brazil

ABS to Support Floating Offsho

Proserv Secures Equinor Contract for Dudgeon Offshore Wind Farm

Proserv Secures Equinor Contra

China Conducted Survey of Waters East of Taiwan

China Conducted Survey of Wate

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine