WIRE-BLOOMBERG  ·   June 23, 2011

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

- 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) ()

- 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) ()

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

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