emergency oil reserves

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    Oil Price Changes Reflect Regional Conflict – China Adjusts

    Beijing, April 7 China announced on Tuesday a further increase in gasoline and diesel prices, the second in about two weeks, due to rising international oil prices driven by the ongoing conflict in West Asia.China's top economic planner, the National Development and Reform Commission (NDRC)...
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    IEA: Disruptions Equivalent to Major Oil Crises

    IEA Warns of Major Economic Fallout from Middle East Energy Disruptions Iran War Damages Over 40 Energy Assets Across Nine Countries Canberra, March 23 – The International Energy Agency (IEA) Executive Director Fatih Birol has warned that the Iran war is causing severe and widespread damage to...
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    Strategies to Reduce Oil Demand Amid Global Energy Crisis

    IEA Recommends Speed Limits, Remote Work, and Reduced Air Travel to Tackle Oil Crisis Middle East Conflict Triggers Historic Oil Supply Disruption New Delhi, March 20: The International Energy Agency has proposed a series of immediate measures including lowering highway speed limits, promoting...
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    Work From Home, Lower Speeds: Steps to Ease Rising Fuel Costs

    IEA Recommends Remote Work, Lower Speed Limits to Tackle Global Oil Shock Middle East Disruptions Push Oil Prices Above $100 per Barrel New Delhi, March 20 The International Energy Agency (IEA) has proposed a series of immediate demand-side measures such as remote working, reduced speed limits...
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    Global Oil Prices Surge as Emergency Reserves Released

    Global Oil Prices Surge Over 8% as Middle East Tensions Spark Supply Concerns Mumbai, March 12: Global crude oil prices surged sharply on Thursday as markets reacted to growing concerns over potential supply disruptions linked to the escalating tensions in the Middle East.Despite a major...
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