Oil releases from IEA emergency stocks to pick up through February, agency says
USO•IEA member countries plan to release about 71 million barrels of emergency oil and products stocks through the end of February 2027, including about 15 million barrels of diesel. If schedules are met, total releases could reach about 420 million barrels, exceeding the 400 million barrels committed in March.
1. Planned releases
IEA member countries will release around 71 million barrels of emergency oil and products stocks through the end of February 2027, roughly doubling the pace of releases in September and October. About 15 million barrels of diesel are scheduled for release, almost entirely from government stocks in France and Germany.
2. Regional volumes
European releases are expected to total 33 million barrels, led by Germany and France, while around 37 million barrels are due from the U.S. Strategic Petroleum Reserve. Government stocks account for at least 85% of scheduled volumes.
3. Total could exceed commitment
The IEA said members have released 349 million barrels since announcing a release of up to 400 million barrels in March after the Iran war disrupted supplies. If current schedules are met, total emergency stocks released would reach around 420 million barrels.
