IEA is “ready to act,” but says oil supplies are “comfortable.”

摘要

The Paris-based IEA estimates spare capacity held by OPEC nations is around 3.3MM b/d so,even if the US sanctions succeed in removing all Iranian oil from the global market,other producers will be able to compensate.In addition to its function as a market monitor,one of the IEA's central tasks is coordinating the release of emergency petroleum inventories during sudden or severe shortages.Emergency stocks have not been released since 2011,when the Libyan Civil War disrupted supplies.OECD inventories stood at 2.87B bbl in late Feb. (April 24)