IEA says global oil markets are well supplied following attacks on Saudi Arabia

The International Energy Agency (IEA) has said that global oil markets appeared to be well supplied in the wake of the September 14 aerial attacks on Saudi Arabia. In a statement dated September 18, the agency said that its member states had enough crude oil in storage to meet demand, even in the face of extended supply disruptions.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

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