Runaway oil prices are a sign of “bedlam” in global markets, industry leaders said on Monday, with one US producer calling for large- scale releases from strategic stocks to bring prices down from 14-year highs. “We are derailed, unfortunately, ” former Opec Secretary-General Mohammed Barkindo told reporters at CERAWeek by S&P Global. “The speed with which this [situation] is evolving, for me, is bewildering. ”
展开▼
