The IEA asks member countries to release light, sweet crude (which is easier to refine). The US says it will release 30 mln barrels over the next month from the SPR.

Oil has bounced, now at $91.75 from $90.32 session lows.

EUR/USD is a shade firmer as well, now in the 1.4170s. Traders noted sovereign buying in the 1.4150s.

Sellers are seen at 1.4210/15 on rebounds near-term.