Claude Mandil quotes:

I can tell the negotiators, please, when you consider all the options, do not be constrained by the risk of an oil embargo on Iranian oil.

[The report 'World Energy Outlook 2006'] reveals that the energy future we are facing today, based on projections of current trends, is dirty, insecure and expensive.

The IEA member countries will exercise flexibility in re-establishing their emergency stock levels through 2006, noting the need to take into account seasonal demand and the possibility of higher than expected refinery maintenance.

The market is perfectly well supplied at the moment but spare capacity is very limited.