IEA ENDS LIBYA CRISIS OIL RELEASE

BY KEITH NUTHALL

THE COLLECTIVE action to increase oil supplies to make up for the loss of Libyan production has been halted by the International Energy Agency (IEA). It said the move had been successful, with 60 million barrels of crude oil and related products being released from public and industrial stocks within IEA member countries during July and August.

ENDS


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