EnergyHighReportedAccelerating
7.7
IEA members to accelerate release of 100M barrels as oil markets remain tight
Anadolu Agency EN·US · GB · FR·about 16 hours ago
The US has paused weekly crude oil extraction from its Strategic Petroleum Reserve, ending a period of drawdowns used to mitigate Middle East tensions. Commercial reserves fell 8.6 million barrels due to lower imports and higher refinery runs, while production hit a low since May. The pause signals reduced immediate supply pressure, but the underlying supply-demand balance remains tight.
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