FACTBOX: G7 holds off on oil stock release as prices hover around $100/b
The G7 is “not there yet” on a decision to release emergency oil reserves as part of its measures to mitigate price spikes, France’s finance minister said March. 9, as world leaders assess the energy fallout of the conflict in the Middle East. Platts assessed Dated Brent at $103/b on March. 9, the highest the crude benchmark has reached since August 2022. During European intraday trade, ICE BrentThe G7 is “not there yet” on a decision to release emergency oil reserves as part of its measures to mitigate price spikes, France’s finance minister said March. 9, as world leaders assess the energy fallout of the conflict in the Middle East. Platts assessed Dated Brent at $103/b on March. 9, the highest the crude benchmark has reached since August 2022. During European intraday trade, ICE BrentRead More