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Two EU diplomats said the IEA governing board will hold an informal meeting on Wednesday at 13:00 local time (19:00 Beijing) to discuss a proposal to release oil and diesel stocks. EU member-state representatives met Wednesday morning to review the s

2026-10-07

Two EU diplomats said the IEA governing board will hold an informal meeting on Wednesday at 13:00 local time (19:00 Beijing) to discuss a proposal to release oil and diesel stocks. EU member-state representatives met Wednesday morning to review the same proposal. Last week the G7, after pressure from Trump, agreed to release 100 mln barrels of crude and diesel from emergency reserves and pledged to avoid export curbs. Oil and energy industry sources say it remains unclear how many barrels Europe and the US will actually release to relieve supply shortages and record-high prices.

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2026-10-07

Turkish Central Bank Governor: The central bank will firmly maintain its policy stance of supporting financial stability without compromising its price stability objective.

Turkish Central Bank Governor: The central bank will firmly maintain its policy stance of supporting financial stability without compromising its price stability objective.
2026-10-07

China's Ministry of Water Resources said it will step up efforts to ensure this year’s start of 40 major water projects and completion of 1 tln yuan of water-construction investment. January–September: 41,400 water projects were Underway, 28 major pr

China's Ministry of Water Resources said it will step up efforts to ensure this year’s start of 40 major water projects and completion of 1 tln yuan of water-construction investment. January–September: 41,400 water projects were Underway, 28 major projects were newly started—exceeding last year’s full-year starts—and water-construction investment reached 795 bln yuan; construction works absorbed 2.01 mln jobs. Li Ming, director of the ministry’s Planning and Programming Department, said authorities will expedite project preparatory work, broaden financing channels and accelerate construction to maintain a high level of water investment.
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