In an interview with the Financial Times (FT), the International Energy Agency (IEA) Executive Director Faith Birol urges the oil-producing nations to increase production further, in an attempt to reign in the oil-price rally. Key Quotes: “Some countries have been making efforts to increase production but this is far from comforting the markets right now.” “My expectation and hope is that all the producers are aware of the sensitive situation and make their best efforts.” “Higher energy prices might seem to be good news for exporters today but tomorrow it will hurt their economies as well because of lower demand growth.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EU’s Tusk: EU will not give up key interest because of Brexit FX Street 4 years In an interview with the Financial Times (FT), the International Energy Agency (IEA) Executive Director Faith Birol urges the oil-producing nations to increase production further, in an attempt to reign in the oil-price rally. Key Quotes: "Some countries have been making efforts to increase production but this is far from comforting the markets right now." "My expectation and hope is that all the producers are aware of the sensitive situation and make their best efforts." "Higher energy prices might seem to be good news for exporters today but tomorrow it will hurt their economies as… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
