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The accelerated diesel release could ease near-term pressure but won’t solve the underlying fuel shortage, while Trump’s decision to drop a U.S. diesel export ban removes a major threat to European supplies.
Stock Preachers News CommentaryThe Group of Seven has agreed to release up to 100 million barrels of emergency oil and diesel stocks over four months, with a substantial volume of diesel to be made available within the first 20 days, in a coordinated effort led through the International Energy Agen...
PIF ENERGY PLANS $2 BILLION CRUDE TANKER FLEET AS G7 MOVES TO RELEASE 100 MILLION BARRELS OF EMERGENCY STOCKS.