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IEA May Release More Oil Reserves After Record 426 Million-Barrel Action as Diesel Markets Tighten, Birol Says

The International Energy Agency could discuss releasing additional strategic oil reserves if tightening fuel markets require further intervention, Executive Director Fatih Birol said on Tuesday, as the prolonged Middle East supply disruption continues to strain global crude and refined-product inventories. Speaking ahead of a meeting of European Union energy ministers in Dublin, Birol said the […]

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The European Union is considering delaying methane emissions rules for oil and gas imports, while member states of the International Energy Agency (IEA) may discuss releasing strategic oil reserves, Reuters reports. European governments are watching with growing concern the rise in winter energy prices and the tightening of supply.

·Budapest, Hungary
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Perol, Executive Director of the International Energy Agency, said today Tuesday, that member states might discuss placing more strategic oil stocks on the market if needed in the future. Perul, just before the meeting of European Union energy ministers, explained to journalists that the Agency was following closely the oil markets, especially those of refined products such as diesel, according to [...] The Perol article: We might discuss drawin…

The International Energy Agency (IEA) may discuss with member States the possibility of additional release of strategic oil reserves on the market, ... 29.09.2026, PRIM

International Energy Agency (IEA) Director General Fatih Birol said that IEA member states could discuss whether to release more strategic oil reserves in the future. Birol said this during a meeting with EU energy ministers...

Birol did not want to pronounce on the proposals to release more strategic reserves to cheapen oil, which the French president, Emmanuel Macron, and others have left behind.

·Bogota, Colombia
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BizToc broke the news on Tuesday, September 29, 2026.
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