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Germany to Release Up to 15 Million Barrels from Emergency Oil Reserves

A post says diesel and heating oil will go first under the G7 agreement, with crude oil to follow.

Tracy Shuchart (𝒞𝒽𝒾 )TS
Open Source IntelOS
2 Sources, 2h ago, first seen 2h ago

TLDR

A post says Germany will release up to 15 million barrels of oil and petroleum products from emergency reserves under a G7 agreement. Separately, a post citing Reuters says Japan agreed with Asian partners on plans to boost regional crude reserves, while the Philippines plans to create a national reserve by the end of 2027.

Combined views

25.3K

2 Sources, first seen 2h ago

144 likes6 comments10 saves24 reposts

Combined views

25.3K

2 Sources, first seen 2h ago

144 likes6 comments10 saves24 reposts

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Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

2 Sources

Tracy Shuchart (𝒞𝒽𝒾 )@chigrlAsia races to stockpile oil in response to Iran war Japan agreed on action plans with its Asian partners to ​boost crude oil reserves across the region following a meeting of the Japan-led Asia Zero Emission Community (AZEC), a Japanese state ​minister on trade said on Thursday. Philippines, which imports nearly all of ​its oil and fuel, will create a national reserve by the end of 2027, its energy secretary, Sharon Garin said ​on Thursday, adding that it could subsequently be converted into a regional stockpile. (Reuters)2h
Open Source Intel@Osint613Germany will release up to 15 million barrels of oil and petroleum products from its emergency reserves under the G7 agreement on energy stockpiles. Diesel and heating oil go first, with crude oil to follow. Germany's economy minister called refineries critical to national energy security.40m
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    2 Sources

    Tracy Shuchart (𝒞𝒽𝒾 )@chigrlAsia races to stockpile oil in response to Iran war Japan agreed on action plans with its Asian partners to ​boost crude oil reserves across the region following a meeting of the Japan-led Asia Zero Emission Community (AZEC), a Japanese state ​minister on trade said on Thursday. Philippines, which imports nearly all of ​its oil and fuel, will create a national reserve by the end of 2027, its energy secretary, Sharon Garin said ​on Thursday, adding that it could subsequently be converted into a regional stockpile. (Reuters)2h
    Open Source Intel@Osint613Germany will release up to 15 million barrels of oil and petroleum products from its emergency reserves under the G7 agreement on energy stockpiles. Diesel and heating oil go first, with crude oil to follow. Germany's economy minister called refineries critical to national energy security.40m
    Today's Rank

    #15

    Today's Rank

    #15