30.03.2012 - IEA closely monitoring oil market, prices very high
The International Energy Agency is concerned that very high oil prices could damage the fragile economy and will continue to monitor the market and remain in close contact with its member countries, the organization's executive director, Maria van der Hoeven, said Thursday. The statement, to mark the conclusion of a regular quarterly meeting in Paris of energy experts from all 28 IEA member countries, didn't directly address comments from a French government official Wednesday, that France has approached the agency about tapping emergency oil stocks to ease high prices. ..............................................Full Article: Source
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