IEA's Birol says rise in gas prices could continue for weeks

Remarks by IEA executive director, Fatih Birol

• $100 crude prices would be a surprise this year

There's increasing concern about the energy crisis in Europe especially going into winter, which is what Birol is alluding to with his headline remark. It is going to be a key spot to watch in the weeks ahead in case the fallout reverberates. Some posts on that by Adam:

• A chunk of the global economy hangs on this question: Will it be cold this winter?
• It's tough to see how Europe can avoid an energy crisis this winter
• Europe is in a full-blown energy crisis