Oil Prices Settle Down as IEA Agrees to Accelerate Oil Stock Release
6 Articles
6 Articles
Oil prices settle down as IEA agrees to accelerate oil stock release
Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies.
(New York = Yonhap News) Correspondent Lim Soo-jung = International oil prices fell on the 7th (local time) as the International Energy Agency (IEA) decided to bring forward the release of its strategic oil reserves.
NEW YORK, New York.- This Wednesday, the price of the West Texas Intermediate (WTI) oil barrel dropped by 1.3%, to 88.28 dollars, after the countries of the International Energy Agency (IEA) agreed to prioritize the release of diesel reserves. At the end of the session, the futures contracts of [...]
Oil prices fall from the perspective of the release of strategic reserves of the IEA... The charge Oil prices fall from the perspective of the release of strategic reserves of the IEA appeared first in the Political Chain.
Brent fell 0.5% to $100.08 a barrel, while US West Texas Intermediate (WTI) fell 1.32% to $88.26.
The oil prices closed down this Wednesday, after a volatile pregão, after ...
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