‘Huge amounts of stored oil’ putting pressure on prices – IEA

17 August 2016, Sweetcrude, Lagos – Huge amounts of stored oil is putting pressure on prices, the International Energy Agency, IEA, has revealed. The agency said increasing supply is keeping the pressure on crude prices, which have fallen sharply in the past month. After reaching a price of above $52 a barrel in June, Brent crude fell […] More »