US tells IEA nations it is unhappy with emergency oil release, Bloomberg News reports

US tells IEA nations it is unhappy with emergency oil release, Bloomberg News reports

The ​United ​States told ‌fellow member nations ​of the International Energy ‌Agency that current plans to release emergency oil inventories don’t go ‌far enough to quell rising ‌fuel prices, Bloomberg News reported on Thursday, citing people familiar with ⁠the ​matter. While ⁠US officials attending an IEA ⁠gathering in Paris have yet to ​table a proposal about ⁠what should be done, they ⁠have been ​informally lobbying for an extra commitment of ⁠at least 100 million barrels, the ⁠report ⁠said.

Reuters could not immediately verify the report.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.