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Europe Daily Bulletin No. 10425

23 July 2011
Contents Publication in full By article 16 / 29
GENERAL NEWS / (ae) eu/energy

22/07/2011 (Agence Europe) - IEA will not release any further strategic oil reserves. The International Energy Agency announced on Thursday 21 July that it had no plans for the moment to release any further strategic oil stocks but said it was ready to act if the market situation required it. According to the Agency, the increased levels of production by OPEC members and June's first release of strategic reserves should be sufficient to meet the needs of markets in the third quarter. On 23...