strategic oil reserves

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    IEA Releases 400 Million Barrels to Ease Oil Market Volatility

    March 16, New Delhi – The International Energy Agency (IEA) has announced the largest coordinated release of strategic oil reserves to stabilize global markets.Approximately 400 million barrels will be released, with supplies in Asia and Oceania starting immediately, and in Europe and the...
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    Strategic Oil Release Aims to Stabilize Global Fuel Prices

    March 16, New Delhi – The International Energy Agency (IEA) has announced the largest coordinated release of strategic oil reserves to help stabilize global markets.Approximately 400 million barrels will be released, with supplies to Asia and Oceania starting immediately, and deliveries to...
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    Canada to Supply 23.6M Barrels to Stabilize Markets

    March 14, New Delhi – Canada will contribute 23.6 million barrels of oil to an International Energy Agency (IEA) plan aimed at stabilizing global energy markets amid rising tensions in the Middle East.The announcement from Natural Resources Minister Tim Hodgson’s office came late Friday, two...
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