Gheit Says IEA Release of Oil Stocks Is `Very Good Step'

Jun. 23, 2011 - June 23 (Bloomberg) -- Fadel Gheit, an analyst at Oppenheimer & Co., talks about the International Energy Agency's announcement today that it will release 60 million barrels of oil from emergency stockpiles to alleviate possible shortages following the loss of Libyan crude. It is the third time the Paris-based agency has coordinated the use of emergency stockpiles since the agency was founded in 1974. Gheit speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg) (/Bloomberg) Correction: Clarification:

Discussion Policy | FAQ | About Discussions

Comments

Add your comment

Read what others are saying About Badges

SuperFan Badge

SuperFan badge holders consistently post smart, timely comments about Washington area sports and teams.

More about badges | Request a badge

Culture Connoisseur Badge

Culture Connoisseurs consistently offer thought-provoking, timely comments on the arts, lifestyle and entertainment.

More about badges | Request a badge

Fact Checker Badge

Fact Checkers contribute questions, information and facts to The Fact Checker.

More about badges | Request a badge

Washingtologist Badge

Washingtologists consistently post thought-provoking, timely comments on events, communities, and trends in the Washington area.

More about badges | Request a badge

Post Writer Badge

This commenter is a Washington Post editor, reporter or producer.

Post Forum Badge

Post Forum members consistently offer thought-provoking, timely comments on politics, national and international affairs.

More about badges | Request a badge

Weather Watcher Badge

Weather Watchers consistently offer thought-provoking, timely comments on climates and forecasts.

More about badges | Request a badge

World Watcher Badge

World Watchers consistently offer thought-provoking, timely comments on international affairs.

More about badges | Request a badge

Post Contributor Badge

This commenter is a Washington Post contributor. Post contributors aren’t staff, but may write articles or columns. In some cases, contributors are sources or experts quoted in a story.

More about badges | Request a badge

Post Recommended

Washington Post reporters or editors recommend this comment or reader post.

You must be logged in to report a comment.

Comments our editors find particularly useful or relevant are displayed in Top Comments, as are comments by users with these badges: . Replies to those posts appear here, as well as posts by staff writers.

All comments are posted in the All Comments tab.

More about badges

Get a badge

To pause and restart automatic updates, click "Live" or "Paused". If paused, you'll be notified of the number of additional comments that have come in.