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G7 to Release 100M Barrels of Diesel and Crude

The G7 and partners agreed to release up to 100 million barrels of emergency diesel and crude stocks over the next four months to address a fuel market short of refinery output.

Original · OilPrice.com AI summary of public reporting

Why: G7 diesel/crude stock release → increased supply

BRENTOIL
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At publication → Current
BRENTOIL100.79 → 102.22+1.4%
CL90.41 → 91.14+0.8%
G7 to Release 100M Barrels of Diesel and Crude | SignalHub