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Macro Finance

IEA Agrees to Release of Outstanding 100 Million Barrels of Oil

Bloomberg Markets·October 15, 2026·1 min read

The International Energy Agency said members agreed to complete the release of 100 million barrels of oil still outstanding from an intervention in March aimed at calming global markets. The move is intended to ease supply pressures and stabilize prices amid ongoing market volatility.

Read at Bloomberg Markets
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