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Diesel: Internationale Energieagentur beschleunigt Freigabe von Ölreserven

Die Energieagentur reagiert damit auf ein Treffen der G7 in Paris. Die Freigabe von Dieselvorräten hat demnach Vorrang. Rund 100 Millionen Barrel könnten so noch auf den Markt kommen.

Diesel: Internationale Energieagentur beschleunigt Freigabe von Ölreserven

The International Energy Agency (IEA) is accelerating the release of oil reserves following Germany and other G7 countries' calls for action amid rising fuel prices. IEA member governments have agreed to expedite the previously decided release of oil reserves, decided in March, and complete the process as soon as possible, the IEA announced after a meeting in Paris.

Given the strained situation on diesel markets, priority should be given to the release of diesel stocks, the agency said. In March, in response to the Iran war, the IEA had decided to release a record 400 million barrels of crude oil from strategic oil reserves. So far, around 325 million barrels have been actually released, with some countries having committed to release larger amounts than initially pledged, the IEA shared.

Completing the release of all the March pledges would bring another 100 million barrels onto the market, matching the demand from the G7. IEA member governments still hold considerable public oil emergency stocks amounting to about 1.1 billion barrels, including over 200 million barrels of diesel, the energy agency in Paris revealed. The IEA is prepared to release further quantities of these reserves if needed.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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