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IEA

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
IEA
abbreviation for
(Government, Politics & Diplomacy) International Energy Agency


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Many inside the organisation believe that maintaining oil supplies at even 90 million to 95 million barrels a day (mbpd) would be impossible but there are fears that panic could spread on the financial markets if the figures were brought down further," the Guardian quoted the IEA source as saying.
2 million bpd, following stronger-than-expected preliminary data in North America and buoyant demand in non-OECD Asia and the Middle East, the IEA said.
10 (ANI): The world is running out of oil quicker than it was being claimed by the International Energy Agency (IEA), which has been underplaying an alarming shortage due the fear of panic buying, an IEA official has claimed.
 
 
 
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