IEA Head Birol: Further strategic petroleum release, not off the table.

The EIA head Birol is no the wire saying that:

• Further Strategic Petroleum Reserve release not off the table.
• Stands by the IEA's report that said no new investlments in oil and gas fields area needed if the world wants to achieve net zero report emissions by 2050
• Russian oil production has not fallen as much as previously expected, managed to find new markets Europe

In other weekend news on oil, Elon Musk said:

• Realistically, I think we need to use oil and gas in the short term, because otherwise civilization will crumble.

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