The International Energy Agency has said that oil reserves from Member countries in Asia-Oceania will be made available immediately.
IEA also said on Sunday that oil stocks from member states in the Americas and Europe will be made available starting from the end of March.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.