International Energy Agency Executive Director: G7 meeting discussed all available options, including releasing emergency oil reserves.

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ODAILY
03-09
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Odaily Odaily that International Energy Agency (IEA) Executive Director Fatih Birol stated that all available options were discussed at the G7 meeting, including releasing the IEA Contingent Reserve Oil Reserve into the market. IEA member countries currently hold over 1.2 billion barrels of public contingent oil reserves, and additionally hold 600 million barrels of commercial crude oil in storage at government request. (Jinshi)

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