According to foreign media reports cited by ChainCatcher, the governing board of the International Energy Agency is expected to decide at its Oct. 14-15 meeting how to implement the Group of Seven’s previously announced release of emergency diesel and crude oil reserves. The report says G7 member states have agreed to release a combined 100 million barrels of diesel and crude. They also pledged not to impose restrictions on energy exports. The expected decision would set the specific arrangements for a plan that the G7 announced last week, according to the report referenced in the brief.
According to foreign media reports cited by ChainCatcher, the board of the International Energy Agency (IEA) is expected to decide at its Oct. 14-15 meeting on the specific arrangements for the Group of Seven’s previously announced release of emergency diesel and crude oil reserves.
G7 member states have agreed to release a combined 100 million barrels of diesel and crude oil. They also pledged not to impose restrictions on energy exports.
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