Macron Says Release of Oil Stocks to Be Organized in Coming Days

The Group of Seven nations and IEA member countries will organize the discharge of a maximum of 400 million barrels from emergency oil reserves in the coming days, French President Emmanuel Macron said.

France’s share in the release of oil stocks is as much as 14.5m barrels, he said in Paris on Wednesday in televised comments after a G-7 leaders’ call.