IEA keeps 2007, 2008 demand forecasts unchanged, calls for more OPEC oil

The agency, an advisor to 26 industrialised nations of the OECD region, also called on industry players and governments to produce more frequent, comprehensive, timely and transparent oil market data.

‘Our projections suggest stocks will be drawn down further in August and September, yet when OPEC members come to assess the market at their 11 September meeting, they will have to hand only OECD-wide data from June,’ said the agency in its monthly report.

Forbes