Back to news
16 Oct 2026 · 02:38 GMT+3

IEA agrees to release of outstanding 100 million barrels of oil

The International Energy Agency (IEA) said that member countries agreed to complete the release of 100 million barrels of oil that are still outstanding from an intervention in March to ease rising fuel prices, Bloomberg reported on Thursday.

Trading involves risk. The information above is for reference only and does not constitute investment advice.