Europe to Release 42 Million Barrels From Oil Reserves Over Three Months

Europe will release 42 million barrels of oil from strategic reserves over the next three months to help ease price pressures, French Economy Minister Roland Lescure said on October 29, according to Bloomberg. Speaking ahead of a meeting of European Union energy ministers in Luxembourg, Lescure added that diesel would account for half of the […] The post Europe to Release 42 Million Barrels From Oil Reserves Over Three Months first appeared on Egypt Oil & Gas.