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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.

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  • 56% of the sources lean Right
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Reuters broke the news in United Kingdom on Friday, March 24, 2023.
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