IEA executive director Fatih Birol said Tuesday the timetable for releasing the 20+ mln barrels of diesel from emergency stocks depends on individual member countries and winter market conditions. The IEA last week moved to accelerate delivery of record emergency releases committed in March, including more than 20 mln barrels of diesel, to boost supply and ease surging prices. Birol said the agency would consider further releases from members' strategic reserves if necessary and is ready to act

IEA executive director Fatih Birol said Tuesday the timetable for releasing the 20+ mln barrels of diesel from emergency stocks depends on individual member countries and winter market conditions. The IEA last week moved to accelerate delivery of record emergency releases committed in March, including more than 20 mln barrels of diesel, to boost supply and ease surging prices. Birol said the agency would consider further releases from members' strategic reserves if necessary and is ready to act should multiple Middle East crises intensify and members agree to trigger additional releases.