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Asharq Al-Awsat
Asharq Al-Awsat
Business
London, Moscow – Asharq Al-Awsat

OPEC: We Do Not Target Oil Prices, IEA Should be 'Very Careful'

OPEC Oil IEA United States Alexander Novak the International Energy Agency Fatih Birol Russia Economic Growth Petroleum
A US Chevron oil tanker is seen at a port in Venezuela. (Reuters)

The International Energy Agency (IEA) should be "very careful" about discouraging investment in the oil industry, which was vital for global economic growth, announced OPEC Secretary General Haitham al-Ghais.

Ghais warned that such statements could lead to oil market volatility in the future.

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