In the battle to cool today’s red-hot oil markets many are calling for an immediate increase in oil production (MEES, 11 March). But one other weapon in the world’s armory are oil stocks.
The 31-member International Energy Agency (IEA) this week provided more details on its planned stock release, which was initially announced on 1 March in response to Russia’s invasion of Ukraine (MEES, 4 March). (CONTINUED - 369 WORDS)