G7 to Release 100 Million Barrels From Emergency Oil Reserves

The Group of Seven agreed to release 100 million barrels of crude oil and fuel from emergency reserves over several months, Al Jazeera reported Oct. 3 and TIME confirmed Oct. 4. Crude and diesel prices fell Oct. 1 on the news, the Wall Street Journal reported. For households, it could ease pump and heating costs if transit stays disrupted.