OPEC+ May Push Up Oil Price, But China Most Important, IEA Says

WATCH: International Energy Agency Executive Director Fatih Birol sees China as the “most important” uncertainty in the global oil market.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Francine Lacqua and James Herron

June 7, 2023 at 9:16 AM UTC

This article is for subscribers only.

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

The OPEC+ production cuts might put upward pressure on crude prices, but China’s economy is the most important factor for the oil market, said International Energy Agency Executive Director Fatih Birol.