31.01.2011 - IEA calls on OPEC to be flexible, watch Egypt
From Moneycontrol.com: The West's main energy watchdog, the IEA, called on Saturday on oil group OPEC to be flexible in the face of instability in the Arab world, saying prices could spike even because of a small disruption. "At this moment the Suez Canal is open and there is no problem with the supply side," the executive director of the International Energy Agency, Nobuo Tanaka, told Reuters referring to riots in Egypt...........................................Full Article: Source
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