Today news
About the same in other media
U.S. Allies to Release Close to 60 Million Barrels of Oil From Reserves
Reading now: 270
wsj.comPARIS—U.S. allies are planning to release close to 60 million additional barrels of oil from their reserves, officials familiar with the matter said, joining the Biden administration in an effort to tame prices that have risen sharply since Russia invaded Ukraine.
The 31-member nations of the International Energy Agency—which include the U.S., most of Europe, Australia, Japan, Mexico and others—are planning to announce a new reserve release totaling 120 million barrels, officials said, the largest release in the IEA’s 47-year history. Around half of that amount will come from U.S. reserves, which were included in Washington’s previously announced decision to release 180 million barrels of oil.
Read more on wsj.comAbout this in other media
Bank of America profit tops estimates as lender releases reserves for soured loans cnbc.com /2 years ago
Mariupol close to falling as Russia issues surrender ultimatum to Ukraine troops euronews.com /2 years ago
Lyubov Sobol: Ally of Kremic critic Alexei Navalny given six-month prison sentence euronews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
