Refining

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An oil refinery in Japan at dusk, with storage tanks, towers, pipework and chimneys silhouetted against a golden sky.
World

The G-7 Will Release 100 Million Barrels. Some May Already Have Been Promised in March.

The Group of Seven agreed on Friday to release 100 million barrels of diesel and crude from emergency stocks over four months, coordinated by the International Energy Agency. The statement gives no split between diesel and crude, names no countries, and describes the release as implementing existing commitments. US diesel stocks are at their lowest for late September in four decades of weekly records.