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Partial release of Germany's national oil reserve to occur in 'next few days,' says economy minister

ReutersMar 17, 2026 10:39 AM

- German Economy Minister Katherina Reiche said on Tuesday that the release of a part of Germany's national oil reserve would be finalised in the coming days.

"We will release part of the national oil reserve onto the markets in coordination with other OECD member states," Reiche said at a news conference. "The release of the oil reserve is still subject to a number of formalities, which we will finalise over the next few days."

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