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IEA Says It Stands Ready to Tap Emergency Oil Stocks, OPEC Sees No Need
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4 Articles
IEA Says it Stands Ready to Tap Emergency Oil Stocks, OPEC Sees No Need - Energy News, Top Headlines, Commentaries, Features & Events
(Reuters) – The West’s energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following Israel’s attack on Iran, drawing criticism from rival OPEC which said the statement would only create fear in the market. The International Energy Agency, representing oil consumers, and the Organization of the Petroleum ...
The International Energy Agency (IEA) has assured that it carefully monitors the impact on oil markets following Israel's attack on Iran and is ready to act if necessary with its emergency reserves, something that has been openly criticized by the Organization of Petroleum Exporting Countries (OPEC). "Markets are well stocked today, but we are ready to act if necessary," announced the executive director of the agency attached to the Organisation…
OPEC considers that it is not necessary and accuses the director of the IEA of generating false alarm in the market MADRID, 13 (EUROPA PRESS) The International Energy Agency (IEA) has assured this Friday that it carefully monitors the impact on the oil markets after Israel's attack on Iran and is [...] La entrada The IEA assures that it is ready to activate its emergency reserves aparece primero en Forbes España.
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