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Commodities Briefing - Categorized | Market Pulse, Oil more

IEA head: Oil markets reasonably well-supplied

Posted on 05 September 2012

Global crude-oil markets are reasonably well-supplied, but there are signs of tightening in refined fuel products, the head of the International Energy Agency said Tuesday.
“There is, not at this moment, any disruption in supply,” Executive Director Maria van derv Hoeven told reporters on the sidelines of an industry conference when asked if the IEA was considering releasing stockpiles. “We are monitoring the markets. We are in touch with our members. And we stand ready to respond as necessary.”……………………………………..Full Article: Source


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