IEA Head Cool on $70-$90 Oil

摘要

The head of the International Energy Agency (IEA) said Tuesday that the jury was still out on whether an oil price range of $70-$90/bbl is reasonable. "The price must send signals to encourage energy efficiency, but at the same time must be low enough to stimulate the economy. We have to wait and see," IEA Executive Director Nobuo Tanaka told a Singapore press conference.