"A rebound in crude stocks in the United States, the world's largest energy market, has brought oil prices down from their peaks. Supplies have risen 22 million barrels in the past seven weeks, thanks in part to the highest OPEC production in decades.
"At this moment, there are enough stocks, there is no real alarm. If you compare to last year, stocks in the world are pretty normal," said Jeroen van der Veer, president and chief executive of Royal Dutch/Shell Group."
http://edition.cnn.com/2004/BUSINESS/11/15/oil.prices.monday.reut/
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- there's no oil shortage_+_+_+
there's no oil shortage_+_+_+
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