Europe will release 42M barrels of emergency oil stocks over the next three months, half of it diesel, to cut fuel prices before winter. France expects pump prices to fall 12-18 cents per liter as soon as next week. #OilPrice#Diesel#Europe#IEA
IEA chief Fatih Birol says oil, fuel and gas prices are unlikely to return to pre-war levels in 2027, with oil "flirting with $120" and Asia hit hardest. The IEA sees diesel tightness lasting into mid-2027. #OilPrice#IEA#Oil#EnergyCrisis
The US is offering another 17M barrels of SPR crude in an exchange, a day after the IEA sped up emergency releases. Taking all of it would drop the reserve from about 283M to roughly 266M barrels, near its operational minimum. #SPR#Oil#IEA
IEA says the global diesel crunch will stretch into mid-2027 as Middle East and Russian refinery outages leave inventories too thin for winter peak demand. More crude flowing won't refill diesel stocks. #Diesel#IEA#Oil#Energy#Fuel
