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2026-10-02T19:42:14.000Z

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Beirut Oil Prices Drop After Reserve Release

Beirut Oil Prices Drop After Reserve Release

The CEO of the International Energy Agency, Fatih Birol, stated that oil prices have begun to decline following the decision to draw 100 million barrels from reserves. This move was announced after a meeting with global leaders and also includes diesel, aiming to address pressures in energy markets. The impact of this step is evident in the markets, where prices started falling after the announcement. Birol hopes that this decision will be beneficial for the global economy and for Turkey.

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