Macro· ★★★· neutral·

G7 to release 100 million barrels from reserves over four months

  • —G7 to release 100 million barrels via IEA over four months
  • —Bulk of diesel supply to arrive within first 20 days
  • —Of 400 million barrels pledged in March, 325 million already released
  • —US diesel averaged $6.382 a gallon on September 28
Why it matters: Lower energy prices could ease inflation and shape Fed rate expectations, a key driver of liquidity for crypto markets.
#BTC
Source: TokenPost
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