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(Photo: AP / Bela Szandelszky)
Developing nations to spur oil demand: International Energy Agency
An engineers of the Hungarian Oil and Gas Company (MOL) operates a stop-cock at the receiving area of the Druzhba (Friendship) oil pipeline in the country's largest oil refinery in Szazhalombata, south of Budapest, Hungary, Tuesday, Jan. 9, 2007. Since Monday evening Hungary is not receiving any crude oil from Russia after delivery was halted due to a pricing despute between Russia and Belarus. Hungarian government decided to open the country's strategic oil reserves which contains enough crude oil for three months....
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