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iea warns easing oil supply concerns may only be temporary

iea warns easing oil supply concerns may only be temporary Article News With Simple Text and Web Resource Link. For View Full Content Click on Source Link on Then Bottom Of News.



iea warns easing oil supply concerns may only be temporary

august 10, 2018 iranian oil tankers may become an increasingly rare sight as us sanctions loomconcerns about oil supplies have eased as major producers have stepped up output, but the respite may be only temporary as tough new us sanctions on iran approach, the iea warned on friday. crude prices have dipped in recent weeks, reflecting less worry about supplies following increased output by russia and several opec nations, the international energy agency said in its latest monthly report about the global oil market.however the paris-based body warned supply tensions could quickly flare."when we publish our next report in mid-september, we will be only six weeks away from the us's deadline for iran's customers to cease oil purchases,"...