International Energy Agency may revise downward its forecast of 21% fall in global energy sector investment
May 25th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The International Energy Agency (IEA) may revise downward its forecast of a 21% fall in global energy sector investment, its chief economist Fatih Birol, said on Monday. Oil producers may have cancelled or delayed $170 billion worth of investment in recent months.