(EnergyAsia, June 24 2011, Friday) — Following on its recent warnings that high oil prices had entered a “danger” zone, the International Energy Agency (IEA) said its 28 member countries have agreed to release a total of 60 million barrels of oil in the coming month in response to the ongoing disruption of oil supplies…
MARKETS: IEA to release 60 million barrels of oil to help offset loss of Libyan supply
Posted on June 24, 2011 by EnergyAsia