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Macro Finance

Europe Set to Release 42 Million Barrels of Oil, France Says

Bloomberg Markets·October 29, 2026·1 min read

Europe will release 42 million barrels of oil reserves into the market over the next three months as part of its commitment to ease prices, France's economy minister Roland Lescure said Thursday. The coordinated release aims to counter supply pressures and stabilize energy costs across the region.

Read at Bloomberg Markets
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