Energy Agency to list diesel stocks next week

The International Energy Agency plans to discuss details of releasing oil and diesel reserves during their meeting on October 14-15, amid uncertainty regarding the volume of supplies that Europe and the United States will release to address fuel shortages and soaring prices to record levels. Members of the G7 had previously agreed to release 100 million barrels of oil and diesel from emergency reserves, without specifying how the quantities would be distributed among the different types or participating countries. The final decision is expected to be made during the upcoming meeting. This move follows a record withdrawal of 400 million barrels from reserves in March, with ongoing uncertainty surrounding the specifics of the operation and the volume of supplies.

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