The International Energy Agency: the dispute with Iran will not disrupt world oil supplies
Friday, March 23, 2012 07:47
Singapore / follow-up Baghdadiya News / … official said figures from the International Energy Agency said on Friday that the dispute with Iran is unlikely to disrupt world oil supplies. And settled Brent crude above the European benchmark of $ 123 a barrel on Friday as the potential supply disruptions put a minimum price, which fell sharply in the previous session because of ..weak data on factory activity in China.
Strengthened and oil prices as well as fears of supply may stop Iranian crude with tightening Western sanctions and reports that the International Energy Agency does not intend to now draw on reserves strategy.
At 0622 GMT, the Brent price to one cent to 123.15 dollars a barrel. And crude way to lose more than two percent this week.
The price of U.S. light crude up 15 cents to 105.50 dollars a barrel on his way to drop 1.4 percent this week, recording the second weekly decline in a row
An official figures from the International Energy Agency said on Friday that the dispute with Iran is unlikely to disrupt world oil supplies and there is no need to withdraw from the strategic reserves of crude at the moment.
And attend Maria van der Hoeven executive director of the Agency’s Partnership Summit gas in Asia, held in the Indian capital New Delhi.
And determine the IEA energy policies and manages the stocks of leading industrialized nations / Finished / agencies