Fatih Birol

Kiran Stacey

A global backlash against nuclear power in the wake of the Fukushima crisis would lead to higher prices, less energy security and higher carbon emissions, according to Fatih Birol, chief economist at the International Energy Agency. Read more

Kiran Stacey

Yesterday I blogged about the growing consensus among analysts that the price of oil was heading in only one direction: upwards. BarCap, in fact, forecast it would hit $100/barrel this year, with Opec only taking action to increase production after a price spike.
Now the IEA has fired a warning shot across Opec’s bows with a stark warning from its chief economist, Fatih Birol.  Read more