IEA details plan to release 120m barrels of oil over 6 months to cool prices

April 08, 2022 11:18 AM

BENGALURU (REUTERS) – The International Energy Agency (IEA) on Thursday (April 7) listed members’ contributions to a 120-million-barrel release of crude and oil products from emergency stockpiles aimed at cooling global oil prices following Russia’s invasion of Ukraine.

Source : https://www.straitstimes.com/business/companies-markets/iea-details-plan-to-release-120m-barrels-of-oil-over-6-months-to-cool-prices