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[CNA] IEA members decide to allocate crude oil from their stocks on Friday

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The member countries of the International Energy Agency (IEA) will discuss on Friday at 15:00 (Cyprus time) the possible release of oil from their strategic reserves, the New Zealand Energy Ministry announced today.

"The amount of possible joint reserve release has not been decided," a spokesperson for New Zealand Energy Minister Megan Woods said.

The IEA has called an extraordinary inter-ministerial meeting for tomorrow.
(CNA)

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