11 Articles
11 Articles
Europe will release 42 million barrels of strategic oil reserves over the next three months, writing Bloomberg with reference to French economics minister Roland Lescur.
Europe will release 42 million barrels of oil from its reserves onto the market in the coming months. This was stated by French Economy Minister Roland Lescure ahead of a meeting of EU energy ministers in Luxembourg. The G7 countries agreed last month to release up to 100 million barrels.
Mass release of strategic reserves within the next quarter – France immediately proceeds to make 10 million barrels of diesel available, aiming to reduce prices by up to 18 cents per liter
European countries are preparing to release more than 42 million barrels of oil and oil products from their strategic reserves to the market in order to limit the rise in oil and fuel prices. Banker.az reports that Bloomberg agency reported this with reference to the statement of the French Minister of Economy and Finance Roland Lescourt. According to the minister, additional supplies will be carried out over the next three months. The reserves …
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