)
G7 to release 100 million barrels of oil reserves through IEA
- The co-ordinated release includes frontloaded diesel supplies to stabilise global energy markets
- Lower crude and diesel prices could ease costs for Indian refiners and fuel retailers
Topic
Diesel▲ +26% net tone today
- G7 plans to release 100 mn barrels of diesel and other reserves through the IEA
- Macron plans a G7 leaders’ call as the US pressures allies to release diesel stocks
- The UK average diesel pump price hit £2 per litre for the first time
Often with, this weekFuel prices34Trade and tariffs26Crude oil23Oil and gas companies16Donald Trump15
Stories per day
227 Sept
1128 Sept
1029 Sept
1630 Sept
111 Oct
202 Oct
13 Oct
G7 agrees to release 100 million barrels of oil and diesel from emergency reserves
- G7 countries agreed to release 100 million barrels of diesel and crude oil
- The release will come from emergency reserves
- More oil supply could ease fuel costs for Indian refiners and oil marketing companies
Europe agrees to release diesel stockpiles, sending oil prices down more than 4%
- European leaders agreed to release some diesel stockpiles on Friday
- Oil prices fell by more than 4%
- Lower oil prices can ease input costs for Indian fuel retailers, refiners and transport companies
)
Oil falls $2 as Europe agrees to release diesel reserves after Trump push
- Brent fell 1.76% to $100.50 a barrel after Europe agreed to release additional diesel stockpiles
- WTI dropped 2.18% to $90.85
- Lower crude prices can ease costs for Indian oil-marketing companies and fuel-intensive sectors
●
Trump says Europe will release a “massive amount” of diesel stocks
- China is restricting fuel exports amid global supply disruptions
- US Energy Secretary Wright said he was “highly confident” Europe would release diesel stocks
- Diesel supply shifts may affect crude and fuel costs for Indian refiners and oil marketing companies
Diesel falls sharply as EU considers releasing 50mn barrels under pressure from Trump
- Diesel prices fell sharply as the EU considers releasing 50mn barrels from reserves
- Trump threatened to ban US fuel exports unless Europe unlocks reserves
- Lower diesel prices could ease fuel costs for Indian refiners and transport companies
Trump plays with a critical lifeline that keeps global economy going
- A potential US diesel export ban could remove about 1.2 million barrels a day from global supply
- Tighter fuel markets could raise costs for Indian refiners and transport companies
US wants European allies to do this 'immediately' to lower diesel prices
- The US urged European allies to release strategic diesel reserves immediately
- Global fuel prices are surging amid supply disruptions linked to the Iran war
- Higher global fuel prices can pressure Indian oil marketing companies
Trump weighs diesel export ban; Macron rallies G7 leaders over surging energy prices — inside transatlantic energy clash
- Macron plans a G7 leaders’ call on surging fuel prices as the US pressures allies to release diesel stocks
- Oil price swings affect Indian oil marketing companies and fuel consumers
Oil prices extend losses after reports of potential European diesel, crude stock release
- Oil prices extended losses after reports of a potential release of European diesel and crude stocks
- EU nations were discussing a proposal to release diesel reserves after pressure from the Trump administration
- Lower crude prices may ease input costs for Indian oil marketers and reduce pressure on refiners
Oil Prices Near $103: Brent Crude Extends Gains As US-Iran Tensions Escalate
- Brent crude is near $103 and extending gains
- Ukrainian strikes on Russian refineries have forced Moscow to restrict diesel exports
- Higher crude prices pressure Indian oil marketers and raise fuel costs for airlines