IEA: Energy exporters to face a ‘buyers’ market’ by the end of the decade

Oversupply in global fuel and energy markets could usher in a “buyers’ market” before the end of the decade, with lower prices and greater energy security for both fossil fuels and green technologies, an International Energy Agency report published Wednesday states. “The markets are turning,” IEA Executive Director Fatih Birol said during an Oct. 16 launch event for the IEA’s annual World Energy Outlook report , predicting a “buyers’ market” in the “second half of this decade.” The IEA...