Home World Oil, the IEA dissociates itself from the US plan on reserves. Ambiguous China on backing

Oil, the IEA dissociates itself from the US plan on reserves. Ambiguous China on backing

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ServiceBrent above 82 dollars

The agency manages the mandatory stocks of OECD countries but was not involved. Director Birol: «It is not our answer, the offer is there but it does not reach the consumers. Let Opec + act “

by Sissi Bellomo

The United States’ anti-OPEC plan does not convince the market or even the International Energy Agency (AIE), which immediately distanced itself, preferring once again to urge producers rather than consumers of crude oil to take action.

The body, born after the oil shock of the 1970s, is in charge of managing the strategic reserves of the OECD countries. But he wasn’t involved – or more likely he didn’t get involved – in the operation that US President Joe Biden …

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