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IEA to release record 400M barrels of oil from strategic reserves
"The oil market challenges we are facing are unprecedented in scale," IEA Executive Director Fatih Birol said Wednesday.
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One America News Network
IEA agrees to record release of emergency oil reserves in an effort to calm surging prices
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The Paris-based organization said it will make 400 million barrels of oil available from its members’ emergency reserves.
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Washington Examiner
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Daily on Energy: IEA agrees to release oil reserves, Chevron’s view on energy independence, and Gulf lease sale results
WHAT’S HAPPENING TODAY: Good afternoon and happy Wednesday, readers! We’ve had another glorious day in Washington, D.C., today – not too often it hits 80° in the District without heavy and thick humidity. 🔥 🌡️ Be sure to get outside if you haven’t yet! If you missed it this morning, members of the International Energy…
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Bloomberg
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IEA to Release 400 Million Barrels of Oil From Reserves
The International Energy Agency will release 400 million barrels of oil from reserves as governments try contain energy prices driven higher by the war with Iran. IEA Director Faith Birol made the announcement in Paris. (Source: Bloomberg)
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Fox News
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Unprecedented' agreement releases emergency oil reserves as gas prices spark concerns
A cohort of developed nations agreed to release a record amount of emergency oil reserves Wednesday amid the impact that the U.S. attacks against Iran have had on the oil market.
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World Leaders Will Release 400 Million Barrels of Oil to Stabilize Prices
The planned release by members of the International Energy Agency is the largest such coordinated action on record.
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