IEA Still Puzzled Over Absence Of Stockdraw
In the latest (October) issue of its Monthly Oil MarketReport (MOMR), the International Energy Agency (IEA) still finds itselfpuzzled over the non-appearance of an expected large stockdraw in the thirdquarter of this year in response to a rapid tightening of the world oil market.
In its market overview feature article, the Agency spellsout the dilemma in the following terms: "Growing world demand, OPECproduction...
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