Oil slides as U.S. holds off refilling strategic reserve

Summary by Ground News

Oil prices fell sharply on Friday amid declining European banking shares and after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve (SPR) may take several years, dampening demand prospects.

Published 2 months ago · New York, United States

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Reuters

Oil falls as US holds off refilling strategic reserve

Oil prices extended losses on Friday on worries about a potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve (SPR) may take several years.

2 months ago·United Kingdom

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CNBC

Oil falls as U.S. holds off refilling strategic reserve

Oil prices fell on Friday, extending the previous day's losses, on worries about potential oversupply.

2 months ago·United States

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Channel News Asia

Oil falls as US holds off refilling strategic reserve

TOKYO : Oil prices fell on Friday, extending the previous day's losses, on worries about potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve (SPR) may take several years.Brent crude futures slid 48 cents, or 0.6 per cent, to $75.43 a

2 months ago·Singapore

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Financial Post

Oil falls as US holds off refilling strategic reserve

2 months ago·Canada

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OAN

Oil slides as U.S. holds off refilling strategic reserve

By Ahmad Ghaddar LONDON (Reuters) -Oil prices fell sharply on Friday amid declining European banking shares and after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve (SPR) may take several years,

2 months ago·San Diego, United States

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Arab News

Oil Updates - Prices slides as US holds off refilling strategic reserve

Fri, 2023-03-24 10:16 LONDON: Oil prices fell sharply on Friday amid declining European banking shares and after US Energy Secretary Jennifer Granholm said refilling the country’s Strategic Petroleum Reserve (SPR) may take several years, dampening demand prospects. Brent crude fell $2.50, or 3.3 percent, to $73.41 a barrel by 1031 GMT, while West Texas Intermediate US crude futures dived $2.47, 3.5 percent, to $67.49 a barrel.Main category: B…

2 months ago·Riyadh, Saudi Arabia

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