IEA notes falling oil supply, inventory levels

摘要

London-With the oil market still digesting the impact of unrest in North Africa and the Middle East, as well as last month's devastating earthquake and tsunami in Japan, the Interna- tional Energy Agency April 12 gave evidence of a continued tightening of fundamentals. In its latest monthly oil market report, the Paris-based IEA said stocks in OECD coun- tries were falling, and were already fairly low, notwithstanding high inventories in the land- locked US Midcontinent region.