Live Update
From the Liveblog of
Sunday, March 15, 2026
Energy group: Over 400 million barrels of emergency oil reserves to flow to global markets soon
Oil from the International Energy Agency emergency reserves will begin flowing to global markets soon, with member countries pledging to make available 411.9 million barrels, the agency says.
Governments have committed to make available 271.7 million barrels of oil from government stocks, 116.6 million barrels from obligated industry stocks and 23.6 million barrels from other sources, the statement says.
It adds that 72% of planned releases are in the form of crude oil and 28% are oil products.
Stocks from Asia Oceania countries will be available immediately and stocks from Europe and the Americas will be available at the end of March.
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