U.S., Allies Discuss 60 Million-Barrel Oil-Reserve Release
This post was originally published on this siteMar 1, 2022 (Bloomberg) The U.S. and its allies are discussing a coordinated release of about 60 million barrels of oil from their emergency stockpiles after Russia’s invasion of Ukraine pushed crude prices above $100. The deliberations are currently focused on a release of 30 million barrels from the U.S. Strategic …
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