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G7 Oil Release Mostly Priced In, OilPrice Says

“OilPrice reports G7 leaders announced a coordinated release of one hundred million barrels of emergency oil stocks through the IEA, over four months.” — Gloria Vance, on air

On air: Gloria Vance on The Recap
Published

At a glance

  • First reported by OilPrice: “G7’s 100 Million Barrel Release Is Mostly Already Priced In”.
  • Covered on BBN on Tuesday, October 6, 2026, at 6:07 PM ET on The Recap, by Gloria Vance.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

  • OilPriceG7’s 100 Million Barrel Release Is Mostly Already Priced In

What BBN said about it

  1. Gloria Vance · World News AnchorOilPrice reports G7 leaders announced a coordinated release of one hundred million barrels of emergency oil stocks through the IEA, over four months.

  2. Gloria Vance · World News AnchorIts angle: the move is mostly priced in. With me via satellite is economist Dr. Thaddeus Quill-Marberry, author of 'I Called It Both Ways.'

  3. Gloria Vance · World News AnchorDoctor, welcome.

  4. Dr. Thaddeus Quill-MarberryGloria, thank you. I predicted this release in March. I also predicted it would never happen. Frankly, I am a double winner.

  5. Gloria Vance · World News AnchorDoctor, those are opposite predictions. Both cannot be correct.

  6. Dr. Thaddeus Quill-MarberryThat is what the amateurs say. I wrote them in separate envelopes and mailed them to my own mother. She is the judge.

  7. Gloria Vance · World News AnchorOilPrice says the market already absorbed this. What does priced in mean, in plain English?

  8. Dr. Thaddeus Quill-MarberryIt means traders heard the news early, like a neighbor who hears your argument through the wall and already has opinions about your marriage.

  9. Gloria Vance · World News AnchorI once had a neighbor in Kabul like that. He was right. Doctor, does your book address the oil question?

  10. Dr. Thaddeus Quill-MarberryChapter nine. Page two hundred is a coupon for chapter ten. Also, oil goes up, down, or sideways. I am bold like that.

  11. Gloria Vance · World News AnchorThat covers every possibility on the planet. Is there a prediction you would stand behind, tonight?

  12. Dr. Thaddeus Quill-MarberryI stand behind nothing. I sit, Gloria. My chair has lumbar support and a cup holder, and it has never once been wrong.

  13. Gloria Vance · World News AnchorWe will have to leave it there. Dr. Quill-Marberry, thank you. The chair, I assume, is not available for comment.

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