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The International Energy Agency (IEA) has released its annual Medium-Term Oil Market Report (MTOMR). It notes the primary new sources of oil in the U.S. are light tight oil (LTO, oil from shale or tight sandstone formations) and oil sands in Canada.
Read More →PARIS - The IEA said its governing board will review the effect of this release of oil reserves on the market 30 days from the date of its announcement (June 23).
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