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G7's 100 Million-Barrel Oil Release Could Be Mostly Leftovers — 'That's Not a Solution,' Says Economist Justin Wolfers

Oct 7, 2026 · 12:38 AM ET· updated 53m ago
G7's 100 Million-Barrel Oil Release Could Be Mostly Leftovers — 'That's Not a Solution,' Says Economist Justin Wolfers

Justin Wolfers says the G7's 100 million barrel oil release is not a solution, just leaders agreeing to look like they're fixing a crisis.

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Why It Matters

World leaders agreed to release oil from storage to look helpful. But an expert says this won't really fix the energy problem.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.