Sam Price Claims G7 Coordinates Release of 100 Million Barrels of Crude Oil and Diesel

By: x.com|10/03/2026 20:09:20

According to Twitter user Sam Price, the G7 has taken action to lower energy prices, planning to coordinate the release of 100 million barrels of crude oil and diesel over the next four months. The first 20 days will see a significant release of diesel under strong pressure from the United States, aimed at addressing the record rise in fuel costs in the Middle East. Lower energy prices help alleviate inflationary pressures, which is beneficial for risk assets and Bitcoin. Images show strategic oil reserves being released, further corroborating the scale and impact of this action.

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WEEX Exclusive:September Fed Minutes Point to Another Hike This Year| WEEX TradFi Daily Brief (October 8, 2026)

Major equity indexes closed lower on October 7 ET. Long-end yields rose again, and the 30-year yield hit a roughly 24-year high. September Fed minutes showed most participants thought another increase in the federal funds target range before year-end could be appropriate. CME pricing for a 25 bp hike at the October 27–28 meeting has fallen below 20%, far below about 70% in the days after the September decision. Bitcoin traded near $83,300. The October 8 focus is jobless claims and pre-market earnings from Pepsi and Delta.

September Fed Minutes Point to Another Hike This Year| WEEX TradFi Daily Brief (October 8, 2026)

Major equity indexes closed lower on October 7 ET. Long-end yields rose again, and the 30-year yield hit a roughly 24-year high. September Fed minutes showed most participants thought another increase in the federal funds target range before year-end could be appropriate. CME pricing for a 25 bp hike at the October 27–28 meeting has fallen below 20%, far below about 70% in the days after the September decision. Bitcoin traded near $83,300. The October 8 focus is jobless claims and pre-market earnings from Pepsi and Delta.

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