Fuels: IEA member states ready to release more strategic oil reserves if necessary
Interview with economist Patrice Geoffron on the consequences of the G7 decision to release stocks of crude oil and diesel.
Quick Look
- The G7 has decided to release part of its strategic oil and diesel stocks.
- Economist Patrice Geoffron analyzes the potential impacts of this measure on fuel prices at the pump.
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Why It Matters
The G7 announced the release of strategic stocks of oil and diesel to respond to price tensions.
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Release of millions of barrels of crude oil and diesel by the G7: what effects can we expect on fuel prices?
INTERVIEW - Emmanuel Macron announced Friday that the G7 countries had agreed to release part of the strategic stock. Le Figaro interviewed economist Patrice Geoffron to assess the consequences of this decision.
Open Questions
- What will be the real impact on the price at the pump?
- How long will this measure last?
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This article was originally published by Le Figaro Actualités.
