08.04.2013 - IEA says U.S. decision on allowing oil exports would be helpful
A U.S. decision on whether to allow oil exports would be “very helpful,” amid constraints on spare production capacity, according to the International Energy Agency. Global oil markets face a “zone of tension” because of limited amounts of unused crude that can be tapped in case of supply disruptions, IEA Executive Director Maria van der Hoeven said at a conference in Paris today. The pressure could be eased if the U.S., which largely prohibits shipment of its oil, makes a decision on whether to change its policy, van der Hoeven said...............................................Full Article: Source
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