Free Trial

Global Economies Do Not Need Inflation Upward Pressure Amid Higher Oil Prices: Birol

OIL

Global economies are in a fragile state, and we do not need upward pressure on inflation amid higher oil prices, following the announced OPEC+ production cuts, IEA Executive Director Fatih Birol said.

  • “Higher energy prices mean a weaker global economy, especially in emerging countries and it will give an additional boost to the clean energy transition in the world”, he said.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.