G-7 to Discuss Joint Emergency Oil Reserves Release, FT Says

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Group of Seven finance ministers will discuss a possible joint release of oil from reserves co-ordinated with the International Energy Agency, the Financial Times reported.The ministers will hold a call at 8:30 a.m. New York time on Monday, the newspaper reported, citing people with knowledge of the matter. Three G-7 countries, including the US, have expressed support for the strategy, the FT said.