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Commodities Briefing - Categorized | Market Moves, Oil more

IEA head concerned about tight oil market, but encouraged by Libya

Posted on 29 November 2011

International Energy Agency Director Maria van der Hoeven said Monday that tight oil supplies continue to threaten the global economy, even as Libyan production returns quicker than some expected.
Van der Hoeven, during an interview in Washington, said the rebuilding of Libya’s petroleum sector “looks as if it’s going quite fast. This of course is very interesting and reassuring.”……………………………………….Full Article: Source


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