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IEA’s 32 member countries to release 400 million barrels of oil - UPI.com
The International Energy Agency announced it has agreed to take emergency action and release 400 million barrels of oil into the market.
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upi.com
G7 finance ministers meet to discuss releasing emergency oil reserves - UPI.com
A near 14% jump in oil prices due to the Iran war triggered an emergency meeting of the G7 with plans to release strategic reserves top of the agenda.
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cnbc.com
IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet
The IEA's members are advanced economies in North America, Europe and Northeast Asia. They collectively hold about 1.2 billion barrels of oil in reserve.
