G7 Fuel Release Offers Temporary Price Relief
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Bloomberg Mideast Energy Correspondent Anthony Di Paola tells Bloomberg This Weekend that the G7’s 100 million-barrel emergency release is already pushing fuel prices lower but is likely to provide only temporary relief as refinery constraints and Middle East disruptions keep diesel supplies tight. Speaking with hosts David Gura and Christina Ruffini, Di Paola says China’s oil demand and escalating risks around the Strait of Hormuz and Red Sea will be key factors determining where global energy prices go next. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and A
Tags: Anthony Dipaola, Brent Crude, Christina Ruffini, David Gura, Diesel Reserves, G7, Houthi, Lisa Mateo, Saudi Arabia, diesel prices, oil prices
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