Governments move to release strategic oil stocks amid supply constraints

US authorizes 4 million barrel SPR release October 10, following IEA agreement to accelerate stock draws

Marcus Vance

Markets Reporter

Share on X

Stands on 2 placed sources from 2 publishers.

As of 2026-10-12 04:47 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

The US Department of Energy authorized an emergency release of up to 4 million barrels of crude oil from the Strategic Petroleum Reserve.