“Oil markets could be in trouble next summer.
As the peak holiday season begins in Europe and the US, demand for fuel will rise.
Then there may be a shortage: for example, with diesel fuel, gasoline or kerosene, especially in Europe,” Birol said in an interview with Spiegel.
He noted that Europe depends not only on the supply of crude oil from abroad, but also on the import of petroleum products.
“And some exporting countries, like China, are just imposing their first export bans;
they want to protect their consumers,” the head of the IEA added.
Leading expert of the National Energy Security Fund and the Financial University under the Government of Russia Stanislav Mitrakhovich spoke about oil supplies to the EU.
In an interview with PolitExpert, he recalled that there are countries in the European Union that have oil refineries that depend on the Druzhba oil pipeline.