Thursday 23 June 2011

Countries to release 60M barrels of oil

PARIS ? Twenty-eight countries have agreed to release 60 million barrels of crude oil to the market to offset disruptions prompted by Libya's war, the International Energy Agency announced Thursday. The Paris-based agency warned that the tight oil market "threatens to undermine the fragile global ...


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  • VENEZUELA - Major Discoveries.


  • Press Releases. LL&E Signs Contract for ... The company found 60m barrels of 32 deg. API oil at the Chaguaramal ... in the country, which pump 40% of the country's oil.
  • Crude oil supplies overwhelm refineries


  • ... Energy Agency, the industrial countries' oil watchdog, which last week announced a 2m-barrels-a-day emergency release for the next 30 days. That total of 60m barrels ...

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