IEA Ministers Back Free Market Pricing 

At their annual meeting in Paris last week, the energy ministers of the member countries of the International Energy Agency (IEA) ruled out any change in oil policy in response to the collapse of prices and stressed the need to let prices be decided by the market.

Speaking after the meeting, IEA Executive Director Helga Steeg said that the IEA members had agreed that "no new action" on energy policy is required at...