Germany's Economy Minister Reiche Says Government Will Release Up To 15M Barrels Of Oil And Petroleum Products; Diesel, Heating Oil To Be Released First, Followed By Crude Oil; Germany Will Fully Implement G7 Agreement On Energy Stock Release; We Must Always Keep Entire Supply Chain In Mind, Crude Alone Is Not Enough
– Reuters
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Why It Matters
Germany is releasing oil and fuel from its storage to help with energy supply. This shows countries are working together to keep energy prices from getting too high.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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