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Market Chatter: IEA Members Agree to Accelerate Release of Remaining 100 Million Barrels of Oil

Market Chatter: IEA Members Agree to Accelerate Release of Remaining 100 Million Barrels of Oil

MT newswireMT newswire2026/10/15 14:16
10:16 AM EDT, 10/15/2026 (MT Newswires) -- The International Energy Agency said its members agreed to release the remaining 100 million barrels of oil from a plan launched in March to stabilize global markets, Bloomberg News reported Thursday, citing the agency. The countries will speed up the release, including 20 million barrels of diesel, "as soon as possible," the agency added, according to the report. The IEA didn't immediately reply to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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