VOL. XLIII
No. 24
12-June-2000
IEA
IEA Sees Concerns Over Product Supplies Dominating Market Thinking, Keeping Crude Prices High
Global crude oil supplies exceeded demand by almost 3mn b/d in May, and for the second quarter a stock build of 1.9mn b/d is projected, yet according to the International Energy Agency (IEA) market forces appear to be working to keep crude oil prices high. In the June issue of its Monthly Oil Market Report, the IEA says that, despite an OECD industry stock build of...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!