VOL. XLVI
No 16
21-April-2003
SUPPLY/DEMAND
IEA Reports Supply Security Confounded By Buyers Short-Term Focus
Consumers are growing increasingly confident that the market can weather the storm caused by concurrent supply disruptions in Iraq, Venezuela and Nigeria, according to the International Energy Agency (IEA). Yet in the latest monthly Oil Market Report, published on 10 April, the IEA added: Despite low stocks and a significant increase in global production, refiners have limited their...
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