The International Energy Agency (IEA) has announced it will speed up the release of oil stocks, including more than 20 million barrels of diesel. This was reported by Qazaqyia.kz citing Reuters.
The IEA's move is aimed at ensuring stability in the global oil products market, particularly for diesel. By accelerating the release of stocks, the agency seeks to prevent potential supply disruptions.
More than 20 million barrels of diesel will be released from strategic reserves. This decision is being taken amid rising demand for energy resources.
This measure, implemented in agreement with IEA member countries, will help maintain price stability in the oil market and ensure consumers are supplied with the necessary fuel.