IEA’s collective oil stock release remains active, no plans for extra release: Sadamori

The International Energy Agency’s collective oil stock release introduced in March and April remains active to date, with the agency having “no current plans for any additional coordinated stock release”, Keisuke Sadamori, IEA’s director of energy markets and security, told S&P Global Commodity Insights. “The vast majority of the oil pledged for release in both the March and April collective…