Business · Energy & Commodities · 6 hrs ago

IEA urges countries to consider releasing more diesel stocks

The International Energy Agency, or IEA, has urged countries to consider releasing more diesel from their reserves.

The appeal is aimed especially at countries that have not yet released amounts they previously promised from their oil stocks.

Those stocks are reserves held by countries.

The agency is asking governments to assess whether more diesel needs to be released.

It has not said that every country must release more.

The request puts the focus on countries that have yet to fulfil their earlier commitments.

The next step is for countries to consider whether to release additional diesel.

Sources

NU.nl · 6 hrs ago