Middle East Economic Survey
VOL. LIV
No 4
24-Jan-2011
OPEC/OIL PRICES
Badri Hits Back After IEA Labels Oil Prices Alarming
OPEC Secretary-General 'Abd Allah al-Badri slammed the International Energy Agency (IEA) on 18 January for having labeled current oil prices as alarming, charging the consumer watchdog with fear-mongering. This charge came a day after IEA Executive Director Nobuo Tanaka called on OPEC to show more supply flexibility in what was a tightening market, and likened the...
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