Perspective
11 February 2015
IEA: Russia to be biggest loser in transformed oil industry
Region:
Middle East & Africa, Americas, Asia-Pacific, Europe
The continuing energy price crisis, coupled with the depreciation of the rouble and international sanctions, will see Russia emerge as the energy industry’s ‘top loser’ in the next few years, the International Energy Agency’s medium-term oil market report (MTOMR) has found.
