OPEC

 

IEA, Opec Views Diverge On 2014 ‘Call On OPEC’

 

The views of OPEC and OECD energy watchdog the International Energy Agency (IEA) on the global 2014 demand for OPEC crude have sharply diverged in their latest monthly reports.

While each chose to leave their forecasts for world oil demand in 2014 largely unchanged, the two energy bodies appear to be on very different pages when it comes to the global oil market’s need for OPEC crude, through to the end...