EIA: oil markets expected to tightenIEA release of 60 million barrels a factor, but so are changing expectations, supply disruption uncertainty, OPEC spare capacity Kristen Nelson Petroleum News
World crude oil prices, which fell after the International Energy Agency said June 23 that its member countries would release up to 60 million barrels of oil in strategic storage, subsequently rose back to pre-announcement levels, the U.S Energy Information Administration said July 12 in its short-t....
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