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Fundamental Analysis Posted 1 hour ago

IEA Releases 100M Barrels as Strategic Oil Reserves Near Depletion

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The International Energy Agency released 100 million barrels of crude, gasoline, and diesel following G7 consultation, part of a 400 million-barrel drawdown since March. With global storage cushions tightening, further emergency releases risk depleting the world's last supply buffer. Crude supply tightness supports CAD; energy-cost pressures remain relevant to EUR inflation narratives.
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