VOL. XLI
No. 16
20-April-1998
OPEC
IEA Baffled By Mystery Stockdraw In February
In the latest (April) issue of its Monthly Oil Market Report (MOMR), the InternationalEnergy Agency (IEA) confesses itself to be baffled by the "strange mathematics"of two current problems concerning the supply/demand balance in the world oil market. Onederives from the failure of OECD industry stock data to confirm the major first-quarterstockbuild that observers unanimously regarded as inevitable. The other...
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