oil reserves

Afro2, Capital Markets, Closing Bell Story‎, Crude Oil, Featured, IEA, Iran war, oil inventories, oil reserves, Strait of Hormuz

IEA chief warns commercial oil inventories are depleting rapidly, only weeks left

Afro_Brokerages / May 19, 2026

(BOE Report) – Fatih Birol, head of the International Energy Agency, said on Monday that commercial oil inventories were depleting […]

Afro2, Asia & Australia, AZEC, Closing Bell Story‎, Commodities, Crude Oil, crude supply, Featured, japan, Middle East war, oil reserves, Oil shock, Southeast Asia

Japan to deploy $10 billion to help Southeast Asia cope with oil shock

Afro_Brokerages / April 15, 2026

(Oil Price) – Japan is readying a $10-billion financial support package for Southeast Asian economies to help them procure crude […]

Afro2, Brent crude, Closing Bell Story‎, Crude Oil, Featured, IEA, International Energy Agency, Middle East, oil reserves

IEA sees no need yet to release emergency oil reserves amid Iran crisis

Afro_Brokerages / March 6, 2026

(World Oil) – The International Energy Agency said it sees no need yet to release emergency oil stockpiles amid the […]