Baltic countries support the proposal, others express doubts.
Power producer expands talks for LNG beyond US and Qatar.
The United States last month set an April 22 ban on imports of Russian crude and refined products.
Irish Foreign Minister Simon Coveney said that the hundreds of millions of euros being spent on importing oil from Russia needs to be "cut off" soon.
The release of crude stocks by China will occur around Lunar New Year, which falls on Feb. 1, the sources said.
A border carbon adjustment, like one included in a legislative proposal, might level the playing field for U.S. companies disadvantaged in global trade by climate regulations.
Saudi Arabia, the world's biggest oil exporter, was hit hard last year when oil prices plummeted.
Michigan set a May 12 deadline for Enbridge to shut down the crude oil pipeline.