No plans to tap emergency stockpiles

  • United Arab Emirates: Sunday, December 22 - 2002 at 09:04

Washington and the International Energy Agency have no plans to tap emergency oil stockpiles to boost supplies during the Venezuelan general strike, reported Reuters. Officials said there was presently enough spare crude supplies in the Carribean. The strike is now in its third week and has jacked up global oil prices to their highest levels for this year.

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