Largest Ever Petroleum Reserve Release Forces Oil Lower ...Middle East

OILPRICE - Economy
Largest Ever Petroleum Reserve Release Forces Oil Lower
source : OILPRICE ( Middle East ) () 13
U.S. West Texas Intermediate crude oil futures are edging lower on Friday as traders await the outcome of a meeting of International Energy Agency (IEA) member nations set to discuss a release of emergency oil reserves alongside a huge planned release by the United States. The U.S. benchmark is on course for a 12%-13% weekly decline – the sharpest in almost two years, after an earlier surge driven by the Ukraine conflict had seen prices rise by more than 30%. The limited price action suggests traders are still digesting the bearish news that…

Read More Details
Finally We wish PressBee provided you with enough information of ( Largest Ever Petroleum Reserve Release Forces Oil Lower )

Also on site :

Most viewed in Economy
StanChart: OPEC+ Is About To Become Much More Transparent
OILPRICE - before 11 hour & 8 minute
Plans for nation’s largest ICE detention center halted amid DOGE review
Washington Post - before 10 hours & 31 minute
Auto industry sounds the alarm as China's rare earth curbs start to bite
CNBC - before 5 hours & 40 minute
Trump proposes policies that would increase the soaring national debt
Washington Post - before 11 hour & 6 minute
Bybit donates over $300,000 to support earthquake relief in Myanmar and Thailand
PR Newswire - before 7 hours & 7 minute
Uganda: Economic Pressure Eases for Ugandans, but Jobs and Corruption Remain Top Concerns - Report
allafrica - before 6 hours & 29 minute
Ganzin Unveils Gaze2AI™ Reference Design at AWE 2025: Redefining the Human-AI Interface with 3D Gaze Technology
PR Newswire - before 9 hours & 15 minute
AI and Sustainability: Akkodis showcases the future of sustainable and digital innovation at the Paris Air Show 2025
PR Newswire - before 6 hours & 32 minute
Wondershare EdrawMax V14.5 Debuts at GITEX Europe: AI-Powered Diagramming Revolutionizes Diagram Creation
PR Newswire - before 4 hours & 36 minute
Trump bans citizens of 12 countries from entering the U.S.
CNBC - before 7 hours & 37 minute
J.S. Held ernennt den ersten Direktor für geistiges Eigentum eines globalen Beratungsunternehmens
PR Newswire - before 5 hours & 9 minute
P2P Group Announces Exclusive Quantum Security Capability and Breakthrough Capabilities
PR Newswire - before 4 hours


Latest News

OSL Pay Leads Global Expansion of Regulated Crypto Payment

before hour & minute

Introducing Domyn: the new name for the leader in Responsible AI for regulated industries

before hour & 3 minute

Rising prices, war rooms and layoffs: The cost of Trump’s tariffs is coming

before hour & 14 minute

MIT Technology Could Slash Energy Use in Oil Refining by 90%

before hour & 19 minute

Tata Communications presenta un nuevo sistema de cable para potenciar la conectividad global

before hour & 20 minute

LianLian Global and UnionPay International Announce Strategic Partnership at Money20/20 Europe

before hour & 55 minute

What Germany's Merz wants to tackle in Trump meeting

before hour & 56 minute

At Bitcoin 2025, Crypto Purists and the MAGA Faithful Collide

before 2 hours & 11 minute

How stock-based pay minted millionaires and fueled America's wealth gap

before 2 hours & 13 minute

Společnost Hisense představuje M2 Pro, svůj nejmenší, nejlehčí a nejpřenosnější 4K laserový miniprojektor v historii

before 2 hours & 14 minute

Highstar Unveils Next-Gen Tabless Cell Series at The Battery Show Europe 2025

before 2 hours & 31 minute

Trump Admin Asks Energy Transfer for Ethane Export License

before 3 hours & 8 minute

Customer Drop-Offs Cut by 35% With Sumsub's New Travel Rule SDK For Crypto Apps

before 3 hours & 8 minute

P2P Group Announces Exclusive Quantum Security Capability and Breakthrough Capabilities

before 4 hours

IEA Sees 2025 Energy Investment Hitting $3.3 Trillion

before 4 hours & 14 minute