VIENNA, Feb. 1 (UPI) -- Global oil producers are urged to be sensitive to geopolitical issues but the crisis unfolding in Egypt isn't a major issue for oil markets, the IEA stressed.
The market price for Brent crude oil on Monday passed $100 per barrel for the first time in more than two years. The International Energy Agency said political unrest in Egypt is creating uncertainty in the energy markets but noted oil prices have risen steadily since at least September.