The Central Bank of Zimbabwe announces a reduction in its policy rate from 35% to 30%.
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IEA member countries still hold about 1.1 billion barrels of reserves, including over 200 million barrels of diesel.
IEA member countries still hold around 1.1 billion barrels of reserves, including more than 200 million barrels of diesel.
Member countries of the International Energy Agency support accelerating the oil stock release process.
The statement shows that member countries of the International Energy Agency (IEA) expressed support for accelerating the release of oil reserves announced in collective actions in March, aiming to complete the process as soon as possible.
The International Energy Agency says that a full release of committed inventories will provide the market with about 100 million barrels of oil.
International Energy Agency (IEA): Fully releasing all the inventories committed in March but not yet released will provide the market with approximately 100 million barrels of oil.
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