US reportedly tells IEA nations it is unhappy with emergency oil release
USO•The United States reportedly told fellow IEA members that current plans to release emergency oil inventories do not go far enough to curb rising fuel prices. US officials have informally lobbied for an additional commitment of at least 100 million barrels but have not tabled a proposal.
1. US seeks larger release
The United States reportedly told fellow International Energy Agency member nations that current plans to release emergency oil inventories do not go far enough to quell rising fuel prices. At an IEA gathering in Paris, US officials have informally lobbied for an additional commitment of at least 100 million barrels, but have yet to table a proposal.
