IEA to Release 60 Million Oil Barrels

2 Paris, Jun 24. -The International Energy Agency (IEA) will release 60 million barrels of oil from its strategic reserve in July to compensate for the interruption of Libyan exports, said CEO Nobuo Tanaka. Mr. Tanaka said the 28-member IEA agreed to contribute two million barrels daily over a 30-day period, enabling the council to measure the impact and adopt

Read more