IEA Says Emergency Oil Stock Release Will Exceed 400 Million Barrels
The IEA said member countries’ releases will exceed the 400 million barrels agreed in March. Members have pledged to expedite the remaining releases of around 100 million barrels.
By Giulia PetroniThe International Energy Agency said Thursday that the volume of emergency oil stocks being released by member countries would exceed the 400 million barrels agreed in March.Members have pledged to expedite the remaining releases of around 100 million barrels, including over 20 mil…