IEA says total oil stock release will exceed 400 million barrels
USO•The International Energy Agency said total stock releases will exceed the 400 million barrels agreed in March, with members committing to speed up the remaining releases of around 100 million barrels, including over 20 million barrels of diesel.
1. Members to speed releases
The International Energy Agency said its members have committed to speed up the release of the remaining volumes. The agency said members agreed to take all necessary steps to complete releases of around 100 million barrels, including over 20 million barrels of diesel, in a timely manner consistent with national circumstances.
