Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By


No need for emergency oil supply, but security is a concern, IEA chief warns

With almost 4.5bn barrels of oil in reserves, the countries of the IEA have enough oil stored to meet more than a month-and-a-half of global demand. But IEA leader Fatih Bitrol does not believe deploying any reserves is necessary at the moment. Instead, he warned policymakers to be vigilant about security in oil production and supply

Fatih Birol said the world is well supplied and is confident Saudi Arabia will meet its commitment to restore full production by end of September

Related Content





Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts