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09
Oct 2026
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Analysis: G7 oil stock release will only briefly cool prices, analysts warn

Brent dropped roughly 3% to $99.25 after the G7 pledged up to 100 million barrels from strategic stocks, yet Barclays lifted its fourth quarter forecast to $115 as inventories shrink and Gulf flows stay restricted

Greece makes €2.5bn early repayment to EFSF as Gramenia says it “sends a message of confidence to markets”

Proceeds from the re-privatisation of Greek banks that had previously received support from the Financial Stability Fund were used — “The repayment is yet another indication of Greece’s progress,” said EFSF CEO Pierre Gramenia

Greece to announce heating oil support within two weeks as it presses Brussels for fiscal leeway

The Greek PM wants the price to open below €1.75 a litre, with diesel subsidies already lifted to 15 cents, while Athens asks the European Commission to exempt temporary support measures from deficit calculations

Europe’s €100 billion winter problem: how the energy crisis is pushing up costs for households and businesses

The European Commission foresees no supply shortages, but Energy Commissioner Dan Jørgensen warned of a difficult season, with Brussels weighing measures to curb transport fuel costs as energy poverty threatens to spread across the bloc

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