How much oil do G7 countries hold in emergency reserves? | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivA pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier Purchase Licensing Rights, opens new tabPARIS, March 9 (Reuters) - The Group of Seven countries are considering releasing emergency oil stocks to address the Middle Eastern supply crisis, the International Energy Agency sai ...

🚨LATEST: CRUDE OIL PRICES PLUNGE 12% AS G7 WEIGHS EMERGENCY OIL RESERVE RELEASECrude oil prices dropped sharply after reports that the Group of Seven nations may release emergency reserves.Finance ministers are set to discuss the plan in an emergency call, according to Financial Times (@FT).The meeting will include Fatih Birol. The proposal could involve a coordinated release through the International Energy Agency.Officials say the move aims to cool surging oil prices. The spike followed escalating tension ...