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Oct 2026
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> International Energy Agency (IEA)

> International Energy Agency (IEA)

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

Over 400 million barrels of oil reserves released to the market by the International Energy Agency

Governments of IEA countries have pledged to make available 271.7 million barrels of oil from government reserves, 116.6 million barrels from industry's mandatory stocks and 23.6 million barrels from other sources