The EU Commissioner for Economic Affairs said that releasing oil reserves is an option.

EU Commissioner for Economic Affairs Dombrovskis stated that after the oil price breaks through $100 per barrel, Eurozone finance ministers will discuss the possible joint release of oil reserves. He told reporters in Brussels on Monday: "From the perspective of the European Commission, we have already considered some measures that could be taken, and today we will discuss with ministers from various countries. One option is to release oil reserves to increase oil supply in the current disrupted supply situation."