Business Recorder - Markets - Commodities https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Sun, 16 Aug 2026 07:50:37 +0500 Sun, 16 Aug 2026 07:50:37 +0500 60 IEA says high oil prices pose real economic risk https://www.brecorder.com/news/1149/iea-says-high-oil-prices-pose-real-economic-risk <p class="MsoPlainText"><img style="margin-right: 10px; float: left;" alt="oil_barrels2_400" src="https://i.brecorder.com/images/stories/oil_barrels2_400.jpg" width="400" height="280" />PARIS: Oil prices near the $100 a barrel level already pose a real economic risk to the world economy, the IEA warned on Tuesday, as it said Chinese daily demand broke through 10 million barrels for the first time.</p> <p class="MsoPlainText">"Recent price levels already pose a real economic risk -- something of deep concern to producers and consumers alike," the International Energy Agency said in its latest monthly Oil Market Report.</p> <p class="MsoPlainText"><Center /><b><i>Copyright AFP (Agence France-Presse), 2011</b></i></center></p> oil_barrels2_400PARIS: Oil prices near the $100 a barrel level already pose a real economic risk to the world economy, the IEA warned on Tuesday, as it said Chinese daily demand broke through 10 million barrels for the first time.

"Recent price levels already pose a real economic risk -- something of deep concern to producers and consumers alike," the International Energy Agency said in its latest monthly Oil Market Report.

Copyright AFP (Agence France-Presse), 2011

]]> Markets https://www.brecorder.com/news/1149 Tue, 18 Jan 2011 09:29:23 +0500 none@none.com (Fakir Syed Iqtidaruddin)