Record · the original document behind a story
Oil prices settle down as IEA agrees to accelerate oil stock release
Published by Reuters, via Mint on October 7, 2026.
Crude settles after the agency's October 7 meeting.
The cited passage, with surrounding source text
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style="pointer-events:none">Oil prices settle down as IEA agrees to accelerate oil stock release</h1><h2 style="pointer-events:none" class="summary">GLOBAL-OIL:Oil prices settle down as IEA agrees to accelerate oil stock release</h2><div class="authorSocial "><div class="authorInfo"><div class="authorDesc">Reuters<div class="date top">Published<span>8 Oct 2026, 12:34 AM IST</span></div></div></div><div class="authorSocialActions"><div class="GooglePreferredSource_googlePreferFlex__nsFCw"><a class="GooglePreferredSource_googlePreferHTLink__nMmhh ga4WidgetClick" href="https://www.google.com/preferences/source?q=livemint.com" target="_top" id="googlePreferredSource-101789470227289" aria-label="Add Mint as a preferred source on Google" data-vars-event-text="google_preferred_source" data-vars-event-position="google_preferred_source" data-vars-event-targeturl="https://www.google.com/preferences/source?q=livemint.com"><div class="GooglePreferredSource_googlePreferHT__sxRuO"><span 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id="article-index-0" class="storyParagraph"><p>By Georgina McCartney</p></div><div id="article-index-1" class="storyParagraph"><p>HOUSTON, - Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies. </p></div><div class="NewsletterInlineWidgetLoader_widget__tooT1" aria-hidden="true"></div><div id="article-index-2" class="storyParagraph"><p>Brent crude futures settled down 38 cents, or 0.38%, at $100.20 a barrel. US West Texas Intermediate crude futures settled down $1.16, or 1.3%, to $88.28.</p></div><div id="article-index-3" class="storyParagraph"><p>The IEA said completing previously announced releases as quickly as possible could bring around 100 million barrels to market, although analysts and some governments said the figure did not necessarily represent a fresh intervention of that size.</p></div><div class="jsx-88c0487dd7f84825"><div class="jsx-88c0487dd7f84825 storyVideo"><iframe width="560" height="315" src="https://www.youtube.com/embed/QXZf5HRUAIM" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div></div><div id="article-index-5" class="storyParagraph"><p>France will release 10 million barrels of diesel from its strategic stocks, Franceinfo radio reported on Wednesday, citing unnamed sources.</p></div><div id="article-index-6" class="storyParagraph"><p>"Europe is ground zero for this whole supply crunch ... and the releases address that and some of the heat off the need for WTI to a degree. This should reduce some of the pressure on US supplies," said John Kilduff, partner at Again Capital. </p></div><div id="article-index-7" class="storyParagraph"><p>Meanwhile, US crude stocks and distillate inventories fell while gasoline stocks rose last week, the Energy Information Administration said. [EIA/S]</p></div><div id="article-index-8" class="storyParagraph"><p>Crude inventories fell by 3.2 million barrels to 424.1 million barrels in the week ended October 2, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.7 million-barrel rise.</p></div><div id="article-index-9" class="storyParagraph"><p>WAR RISKS TO SUPPLIES</p></div><div id="article-index-10" class="storyParagraph"><p>Investors are not convinced that recent rises in supply and exports from the Middle East are sustainable, PVM analyst Tamas Varga said, adding prices also drew support from the approaching US storm and the continuing conflicts in the Middle East and Ukraine.</p></div><div id="article-index-11" class="storyParagraph"><p>Yemen's Houthis attacked Aden international airport with missiles and drones, the country's transport ministry said, as fighting between the Iran-aligned group and Saudi-backed government forces intensified. </p></div><div id="article-index-12" class="storyParagraph"><p>Attacks in the Middle East have curbed Brent's losses compared with those of US crude futures, Kilduff said. </p></div><div id="article-index-13" class="storyParagraph"><p>US "requests and ideas" about Iran's nuclear program are at odds with Iranian demands, a senior Iranian official told Reuters when asked about US Vice President JD Vance's comment that Iran must cut enrichment to end the war.</p></div><div id="article-index-14" class="storyParagraph"><p>Ukraine struck two Russian oil facilities while Russia pounded Ukraine with waves of missiles and drones, killing at least 15 people, Ukrainian officials said.</p></div><div id="article-index-15" class="storyParagraph"><p>Strikes on Russian energy infrastructure and the loss of Middle East refining runs have tightened fuel markets, Vitol CEO Russell Hardy said on Tuesday.</p></div><div id="article-index-16" class="storyParagraph"><p>STORM HEADS TOWARD US PRODUCTION FACILITIES </p></div><div id="article-index-17" class="storyParagraph"><p>In the US, forecasters said on Tuesday that a storm forming in the Gulf of Mexico would become the first Atlantic hurricane of 2026 within two days and is likely to hit oil and gas facilities. </p></div><div id="article-index-18" class="storyParagraph"><p>The US Gulf of Mexico produced 2.05 million barrels per day of crude oil in September, according to the EIA, accounting for around 15% of the country's total production. </p></div><div id="article-index-19" class="storyParagraph"><p>About 11.2 million barrels of oil production could be lost across the Gulf through the duration of the storm, a marked increase from the 7.1 million barrels impacted by Tropical Storm Bertha in July, according to a model forecast from consulting firm Earth Science Associates.</p></div><div id="article-index-20" class="storyParagraph"><p>The storm is an "unwelcome complication for crude, raising the prospect of production and refining disruptions at a time when the market already has enough supply-side headaches," KCM Trade chief analyst Tim Waterer said. </p></div><div id="article-index-21" class="storyParagraph"><p><strong>This article was generated from an automated news agency feed without modifications to text.</strong></p></div><div id="end-of-story-0" style="height:0;width:100%;overflow:hidden"></div></div><div class="belowStoryVisible author"><div id="benefitText_11791399873130" style="display:block"></div><div style="display:block"><div class="seoTxtContainer "><div class="keywordsContainer"><div class="keywords undefined"><div class="keywordsIocn"><div class="lazy-loaded"></div></div><a href="https://www.livemint.com/topic/oil-prices">Oil Prices</a></div><span class="getLatest"><sup>Get Latest real-time updates</sup></span></div><div class="seoTxt seoText" id="seoText"><p>Catch all the <a href="https://www.livemint.com/">Business News </a>, <a href="https://www.livemint.com/market" > Market News </a>, <a href="https://www.livemint.com/news">Breaking News </a>Events and <a href="https://www.livemint.com/latest-news">Latest News </a> Updates on Live Mint. Download The <a href="https://www.livemint.com/apps">Mint News App </a> to get Daily Market Updates.</p><div class="marketBcrum"><div class="bcrumb"><a href="https://www.livemint.com">Home</a><a href="https://www.livemint.com/market">Markets</a>Oil prices settle down as IEA agrees to accelerate oil stock release<script type="application/ld+json">{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://www.livemint.com","name":"Home"}},{"@type":"ListItem","position":2,"item":{"@id":"https://www.livemint.com/market","name":"Markets"}},{"@type":"ListItem","position":3,"item":{"name":"Oil prices settle down as IEA agrees to accelerate oil stock release"}}]}</script></div><span class="elipsis" id="ellipsisId"><div class="dots" id="dots"><span></span><span></span><span></span></div><ul class="dataBox" id="dataBoxId" style="display:none"><li><a href="https://www.livemint.com/market/market-stats/stocks-hdfc-bank-share-price-nse-bse-s0003020">HDFC Bank Share Price</a></li><li><a href="https://www.livemint.com/market/market-stats/stocks-reliance-industries-share-price-nse-bse-s0003018">Reliance Industries Share Price</a></li><li><a href="https://www.livemint.com/market/market-stats/stocks-tata-consultancy-services-share-price-nse-bse-s0003051">TCS Share Price</a></li><li><a href="https://www.livemint.com/market/market-stats/stocks-infosys-share-price-nse-bse-s0003032">Infosys Share Price</a></li><li><a href="https://www.livemint.com/market/market-stats/stocks-hindustan-unilever-share-price-nse-bse-s0003053">HUL Share Price</a></li></ul></span></div><span class="more">More</span></div></div></div></div></div><div class="belowStoryVisible taboola"></div><div style="height:0;width:0;overflow:hidden" id="summary-1"></div></div></div><script type="application/ld+json">{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://www.livemint.com/market/oil-prices-settle-down-as-iea-agrees-to-accelerate-oil-stock-release-11791399873130.html","speakable":{"@type":"SpeakableSpecification","cssSelector":["h1","h2.summary"]}},"inLanguage":"en","headline":"Oil prices settle down as IEA agrees to accelerate oil stock release","wordCount":568,"description":"GLOBAL-OIL:Oil prices settle down as IEA agrees to accelerate oil stock release","url":"https://www.livemint.com/market/oil-prices-settle-down-as-iea-agrees-to-accelerate-oil-stock-release-11791399873130.html","datePublished":"2026-10-08T00:34:32+05:30","dateModified":"2026-10-08T00:34:32+05:30","alternativeHeadline":"Oil prices settle down as IEA agrees to accelerate oil stock release","articleBody":"By Georgina McCartneyHOUSTON, - Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies. Brent crude futures settled down 38 cents, or 0.38%, at $100.20 a barrel. US West Texas Intermediate crude futures settled down $1.16, or 1.3%, to $88.28.The IEA said completing previously announced releases as quickly as possible could bring around 100 million barrels to market, although analysts and some governments said the figure did not necessarily represent a fresh intervention of that size.France will release 10 million barrels of diesel from its strategic stocks, Franceinfo radio reported on Wednesday, citing unnamed sources.\"Europe is ground zero for this whole supply crunch ... and the releases address that and some of the heat off the need for WTI to a degree. This should reduce some of the pressure on US supplies,\" said John Kilduff, partner at Again Capital. Meanwhile, US crude stocks and distillate inventories fell while gasoline stocks rose last week, the Energy Information Administration said. [EIA/S]Crude inventories fell by 3.2 million barrels to 424.1 million barrels in the week ended October 2, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.7 million-barrel rise.WAR RISKS TO SUPPLIESInvestors are not convinced that recent rises in supply and exports from the Middle East are sustainable, PVM analyst Tamas Varga said, adding prices also drew support from the approaching US storm and the continuing conflicts in the Middle East and Ukraine.Yemen's Houthis attacked Aden international airport with missiles and drones, the country's transport ministry said, as fighting between the Iran-aligned group and Saudi-backed government forces intensified. Attacks in the Middle East have curbed Brent's losses compared with those of US crude futures, Kilduff said. US \"requests and ideas\" about Iran's nuclear program are at odds with Iranian demands, a senior Iranian official told Reuters when asked about US Vice President JD Vance's comment that Iran must cut enrichment to end the war.Ukraine struck two Russian oil facilities while Russia pounded Ukraine with waves of missiles and drones, killing at least 15 people, Ukrainian officials said.Strikes on Russian energy infrastructure and the loss of Middle East refining runs have tightened fuel markets, Vitol CEO Russell Hardy said on Tuesday.STORM HEADS TOWARD US PRODUCTION FACILITIES In the US, forecasters said on Tuesday that a storm forming in the Gulf of Mexico would become the first Atlantic hurricane of 2026 within two days and is likely to hit oil and gas facilities. The US Gulf of Mexico produced 2.05 million barrels per day of crude oil in September, according to the EIA, accounting for around 15% of the country's total production. About 11.2 million barrels of oil production could be lost across the Gulf through the duration of the storm, a marked increase from the 7.1 million barrels impacted by Tropical Storm Bertha in July, according to a model forecast from consulting firm Earth Science Associates.The storm is an \"unwelcome complication for crude, raising the prospect of production and refining disruptions at a time when the market already has enough supply-side headaches,\" KCM Trade chief analyst Tim Waterer said. 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Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies.\u0026nbsp;\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791399867944,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eBrent crude futures settled down 38 cents, or 0.38%, at $100.20 a barrel.\u0026nbsp;US West Texas Intermediate crude futures settled down $1.16, or 1.3%, to $88.28.\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791399867944,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eThe IEA said completing previously announced releases as quickly as possible could bring around 100 million barrels to market, although analysts and some governments said the figure did not necessarily represent a fresh intervention of that size.\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678318,"articleType":"element","name":"","title":"America’s Nightmare Just Began: One Spark and Oil Goes Nuclear? Houthis Attack \u0026 Mojtaba Watches","type":"video","subType":"","paywallElement":false,"firstPublishedDate":"2026-10-07T19:34:37+0000","video":{"url":"","body":"\u003ciframe width=\"560\" height=\"315\" src=\"https://www.youtube.com/embed/QXZf5HRUAIM\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen\u003e\u003c/iframe\u003e","embedUrl":"https://www.youtube.com/embed/QXZf5HRUAIM","image":{"images":null,"caption":"","name":"","alternateText":"","imageCredit":"","overImage":false,"verticalImage":false,"width":0,"height":0,"imageUrl":null},"youtubeEmbedBody":"","youtubeEmbedUrl":"","mp4Video":false}},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eFrance will release 10 million barrels of diesel from its strategic stocks, Franceinfo radio reported on Wednesday, citing unnamed sources.\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003e\"Europe is ground zero for this whole supply crunch ... and the releases address that and some of the heat off the need for WTI to a degree. This should reduce some of the pressure on US supplies,\" said John Kilduff, partner at Again Capital.\u0026nbsp;\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eMeanwhile, US crude stocks and distillate inventories fell while gasoline stocks rose last week, the Energy Information Administration said. [EIA/S]\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eCrude inventories fell by 3.2 million barrels to 424.1 million barrels in the week ended October 2, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.7 million-barrel rise.\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eWAR RISKS TO SUPPLIES\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eInvestors are not convinced that recent rises in supply and exports from the Middle East are sustainable, PVM analyst Tamas Varga said, adding prices also drew support from the approaching US storm and the continuing conflicts in the Middle East and Ukraine.\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eYemen's Houthis attacked Aden international airport with missiles and drones, the country's transport ministry said, as fighting between the Iran-aligned group and Saudi-backed government forces intensified.\u0026nbsp;\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eAttacks in the Middle East have curbed Brent's losses\u0026nbsp;compared with those of US crude futures,\u0026nbsp;Kilduff said.\u0026nbsp;\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eUS \"requests and ideas\" about Iran's nuclear program are at odds with Iranian demands, a senior Iranian official told Reuters when asked about US Vice President JD Vance's comment that Iran must cut enrichment to end the war.\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eUkraine struck two Russian oil facilities while Russia\u0026nbsp;pounded Ukraine with waves of missiles and drones, killing at least 15 people, Ukrainian officials said.\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eStrikes on Russian energy infrastructure and the loss of Middle East refining runs have tightened fuel markets, Vitol CEO Russell Hardy said on Tuesday.\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eSTORM HEADS TOWARD US PRODUCTION FACILITIES\u0026nbsp;\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eIn the US, forecasters said on Tuesday that a storm forming in the Gulf of Mexico would become the first Atlantic hurricane of 2026 within two days and is likely to hit oil and gas facilities.\u0026nbsp;\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eThe US Gulf of Mexico produced 2.05 million barrels per day of crude oil in September, according to the EIA, accounting for around 15% of the country's total production.\u0026nbsp;\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eAbout 11.2 million barrels of oil production could be lost across the Gulf through the duration of the storm, a marked increase from the 7.1 million barrels impacted by Tropical Storm Bertha in July, according to a model forecast from consulting firm Earth Science Associates.\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003eThe storm is an \"unwelcome complication for crude, raising the prospect of production and refining disruptions at a time when the market already has enough supply-side headaches,\" KCM Trade chief analyst Tim Waterer said.\u0026nbsp;\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false},{"id":11791401678348,"articleType":"element","name":"paragraph","title":"","type":"paragraph","subType":null,"paywallElement":false,"firstPublishedDate":"2026-10-07T19:04:27+0000","paragraph":{"body":"\u003cp\u003e\u003cstrong\u003eThis article was generated from an automated news agency feed without modifications to text.\u003c/strong\u003e\u003c/p\u003e"},"bgParaColor":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false}],"amazonAds":null,"flipkartAds":null,"cromaAds":null,"flipkartAds25":null,"containAffiliateEmbed":false,"affiliateEmbedHeadline":false,"headline":"Oil prices settle down as IEA agrees to accelerate oil stock release","summary":"GLOBAL-OIL:Oil prices settle down as IEA agrees to accelerate oil stock release","quickReadSummary":"Oil prices fell on Wednesday as the International Energy Agency accelerated oil stock releases amid the Iran war's impact on global supplies. Brent crude dipped 0.38% to $100.20, while US West Texas Intermediate dropped 1.3% to $88.28. 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- The G7's 100 million barrels of emergency oil were already promised in March · cited for prices after the decision
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Timeline entries this record anchors: Agency members back finishing the March release, diesel first.