CommoditiesIMPORTANT
IEA members have expressed support for accelerating the oil stock releases announced in the collective action of March, looking to complete as soon as possible. Would bring c. 100mln barrels to the market.
StockNow breaking-news AI analysis
IEA members supported accelerating the March oil-stock release, potentially bringing about 100 million barrels to market, but discussion remained pending and reported release totals do not align clearly.
News detail
Equivalent of 1.1bln barrels in reserve. Over 200mln of which is diesel. To be discussed at next week's scheduled meeting.
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