16.09.2011 - IEA ends strategic oil reserves release |
The International Energy Agency said on Thursday that it had ended its release of oil from strategic reserves begun in June for its 28 member countries owing to a cut in Libyan supplies. IEA countries "concluded that the interrupted Libyan supplies have been successfully addressed by a combination of the IEA collective action and increased production from producer countries," the body said in a statement..............................................Full Article: Source |