The IEA = International Energy Agency said on the 6th that member countries other than the United States will cooperate to release an additional 60 million barrels of oil reserves while crude oil prices continue to remain high triggered by Russia's military invasion of Ukraine. Clarified the outlook.

In a post on Twitter, IEA Secretary-General Virol said on Twitter that member states other than the United States would work together to release an additional 60 million barrels of oil reserves.

Details will be announced soon.



The IEA has predicted that the supply of crude oil from oil-producing country Russia, which has been subject to severe economic sanctions due to the military invasion of Ukraine, will decrease, and at a meeting held on the 1st of this month, it agreed to release additional oil reserves and concretely I was adjusting the scale and so on.



Prior to this, the United States has announced that it will release 1 million barrels of oil per day for the next six months, for a total of approximately 180 million barrels of oil reserves.



IEA member countries have just decided to release 60 million barrels of oil reserves on the 1st of last month, and the focus is on whether additional measures will help curb oil prices, which continue to be high.

In the New York crude oil market on the 6th, the futures price of WTI, which is an international index, temporarily dropped to the $ 95 level per barrel due to the view that the supply will increase due to the additional release of oil reserves by IEA member countries. Did.