Oil: Member countries release 300 million barrels, but fuel prices remain high
Member countries have released three-quarters of the 400 million barrels of oil promised to stabilize markets.
Published 6sem1 sourceImportant
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400 million
Member countries have released three-quarters of the 400 million barrels of oil promised to…
The fact
Fatih Birol notes that refining has not kept pace, making diesel and gasoline markets tighter than crude oil.
This situation affects fuel prices at the pump for consumers.
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