Daily Market Updates: G7 to release 100 million barrels of diesel reserves over four months

S&P 5007,651.54▼0.2% Nasdaq26,861.06▲0.2% Dow50,906.05▼0.9% Russell 2K2,796.86▼0.4% 10-Yr5.29%+4bp VIX16.34+0.30 WTI$90.46▲1.2% Gold$4,189.00▲0.2% EUR/USD1.133▼0.3% BTC$85,576▲0.8% Nikkei65,481▼0.6%

At close · Wed, Sep 30, 2026

Commodities

Home›Commodities›Energy›G7 to release 100 million barrels of diesel reserves o…

G7 to release 100 million barrels of diesel reserves over four months

The coordinated release begins immediately, according to the Group of 7 agreement.

Reported · Written up by our desk · Energy

The Group of 7, including Britain, France and Japan, agreed to release diesel reserves to help address soaring fuel prices.

The announcement calls for a total release of 100 million barrels over four months, effective immediately.

← Newer storySoft jobs report cuts odds of Fed rate move in late October Older story →Hong Kong embassy raises concern over Hongkongers held in Philippines

More like this

CommoditiesTrump says Europe will begin releasing heavily stocked diesel

CommoditiesWTI crude futures swing as Gulf supply improves but fuel bottlenecks persist

CommoditiesU.S. troops withdraw from Iraq after 2024 agreement

CommoditiesRussia’s ruling party expands its State Duma majority

CommoditiesBrent falls back below $100 after Thursday’s rally

Sources

NYT BusinessU.S. and Allies Agree to Release Diesel Reserves as Prices Soar

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.