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US to release oil from reserves after Opec+ rebuffs call for more crude | Money

WASHINGTON, Nov 23 — The United States said today it would release 50 million barrels of oil from strategic reserves in a coordinated move with China, India, South Korea, Japan and Britain to cool prices after Opec+ producers rebuffed calls for more crude. The White House issued the statement...
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US to release oil from reserves after OPEC+ rebuffs call for more crude

The United States said on Tuesday it would release 50 million barrels of oil from strategic reserves in a coordinated move with China, India, South Korea, Japan and Britain to cool prices after OPEC+ producers rebuffed calls for more crude. The White House issued the statement after a source in the US administration said Washington had been hashing out a plan with major Asian
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