in the industrialized world's energy watchdog International Energy Agency (IEA) is disappointed that OPEC member countries failed to reach the same large increase in oil supplies, the main oil-producing countries called for To help alleviate the tight market, according to a statement released Wednesday in Paris of the body.
"We are disappointed to OPEC members (ie, OPEC) agreed on the need today is not to make more oil available to the market that " the International Energy Agency said in a statement.
OPEC meeting in Vienna failed to reach an agreement to increase oil production, resulting in current production quotas unchanged.
"Continuing on a competitive basis in the supply, and will allow refiners to increase throughput and rapid growth to meet the growing demand for seasonal supply...