Perol: No plans to release second oil reserve batch
The Director of the International Energy Agency, Fatih Birol, confirmed that the agency is not currently planning to authorize a second release of strategic oil reserves, following the release of 400 million barrels last March. He stated that about 80% of the reserves remain available, while markets continue to be under pressure from geopolitical tensions and supply disruptions. He also expressed concern about the decline in European gas stocks, which are currently around 62%, while maintaining the target to increase them to 80% by December. He warned of potential pressure during the winter if it turns out to be severe.
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