OIL: IEA CONFIRMS "LIMITED OPEC RESPONSE"

by Benzinga Staff
May 12, 2011 4:40 PM | 30 seconds read | Make a Comment
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Update to my May 9 post: SLICKLY SAUDIS, STICKY PRICES. The IEA released its Oil Market Report and it confirmed that Opec has not replaced any significant part of the lost Libyan production. Only Kuwait and the UAE have raised …
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  3. IEA Is More Optimistic on Oil Supply
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