The International Energy Agency has ended its intervention in the oil supply process.
Paris-based IEA released oil stocks in June in response to a halt in Libyan production.
The organisation's latest statement today says: "The interrupted Libyan supplies have been successfully addressed by a combination of the IEA collective action and increased production from producer countries."
It says that this: "is against a backdrop of now weakening expectations for global oil demand growth."
On
