diesel

G7’s 100 Million Barrel Release Is Mostly Already Priced In

G7 leaders, under pressure from U.S. President Donald Trump, announced a coordinated release of 100 million barrels of emergency oil stocks through the IEA to begin immediately and conclude within four months. Markets gave a muted response, and analysts say much of the volume was already expected as part of a previously announced 400 million-barrel programme from March.