Release of diesel stocks will positively impact prices, EU says
USO•The G7’s decision to release 100 million barrels of diesel and crude oil from emergency reserves will positively affect oil prices for EU member states, an EU Commission spokesperson said. The spokesperson said the EU still faces “a very difficult winter” for energy prices.
1. Emergency reserve release
The G7 countries’ decision to release 100 million barrels of diesel and crude oil from emergency reserves will positively affect oil prices for EU member states, an EU Commission spokesperson said Monday. The spokesperson said the EU still looks set for “a very difficult winter” in terms of energy prices.
