G7 countries have agreed to release 100 million barrels of crude oil and diesel from strategic reserves over four months to ease global energy supply concerns. The coordinated release through the IEA will include a substantial diesel release within the first 20 days

Brent slipped toward USD 105.6 a barrel after rising over 7 per cent over the previous two sessions, while West Texas Intermediate traded below USD 94, amid hopes of restored Middle East flows