Live Breaking News & Updates on Mbargoes And The Notable Drop In Investment Energy Sector Quot Could Lead To Shortages Global Supply Anadolu

(Photo from Anadolu) ANKARA-Oil prices increased marginally on Monday over positive demand projections in the world's largest oil importer, China. International benchmark Brent crude traded at USD80.15 per barrel at 09.41 a.m. local time (0641 GMT), up 0.3 percent from the closing price of USD79.94 a barrel in the previous trading session. At the same time, American benchmark West Texas Intermediate (WTI) traded at USD73.48 per barrel, a 0.1 percent rise after the previous session closed at USD73.39 a barrel. According to international media outlets, the head of the International Energy Agency, Fatih Birol, stated in an interview on Sunday that China is expected to account for roughly half of the growth in global oil demand this year. He suggested that if China's demand continues to rise, major oil exporters may reconsider their production policies. "If demand goes up very strongly, if the Chinese economy rebounds, then there will be a need, in my view, for the OPEC+ count ....

United States , Saudi Arabia , Ar Riya , Turkey General , Fatih Birol , Saudi Energy , International Energy Agency , International Association For Energy Economics , West Texas Intermediate , Saudi Energy Minister Abdulaziz , International Association , Energy Economics , Hoto From Anadolu Ankara Oil Prices Increased Marginally On Monday Over Positive Demand Projections In The World 39s Largest Importer , Hina International Benchmark Brent Crude Traded At Usd80 15 Per Barrel 09 41am Local Time 0641 Gmt , P 0 3 Percent From The Closing Price Of Usd79 94a Barrel In Previous Trading Session At Same Time , Merican Benchmark West Texas Intermediate Wti Traded At Usd73 48 Per Barrel , A 0 1 Percent Rise After The Previous Session Closed At Usd73 39a Barrel According To International Media Outlets , He Head Of The International Energy Agency , Fatih Birol , Tated In An Interview On Sunday That China Is Expected To Account For Roughly Half Of The Growth Global Oil Demand This Year He Suggested If 39s Continues Rise , Ajor Oil Exporters May Reconsider Their Production Policies Quot If Demand Goes Up Very Strongly , F The Chinese Economy Rebounds , Hen There Will Bea Need , In My View , Or The Opec Countries To Look At Their Output Policies , Uot Birol Was Quoted As Saying Prices Came Under Pressure Asa Result Of Demand Concerns And Market Uncertainty ,