24 Hrs
Source:
المشهد العربي
Oil prices fall after reserve release
The International Energy Agency reported that oil prices have begun to decline following the announcement of a drawdown of 100 million barrels from strategic reserves, aimed at easing market tensions due to pressure from the United States and the G7 countries. The actual process of releasing stocks has begun after a high-level meeting, as part of a coordinated plan to address the repercussions of conflicts in the Middle East. This decision comes after a previous agreement to withdraw 400 million barrels to counter the crisis, reflecting international efforts to contain disruptions in oil and diesel supplies.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)