All articles by Lawrence Eagles

Lawrence Eagles

Volatility Clouds Oil Market Prediction

Oil continues to hover around record highs, as low stocks and security of supply dominate price trends. Much will depend on OPEC policy, as well as the results of exploration and field development projects. Opinion is divided on whether supply gains can balance growing demand. Lawrence Eagles, head of oil division at IEA, gives Jim Banks his price predictions.

Cold Comfort in 2007

The oil market was volatile and uncertain in 2006, says Lawrence Eagles, of the International Energy Agency. And 2007 is unlikely to be any different.