White House announces plan to release 1M barrels per day of oil from SPR over next six months

The Biden Administration will release 1M barrels per day in oil from the US Strategic Petroleum Reserve (SPR) over the next six months, according to a statement released by the White House on Thursday. 

EUR/NOK: Scope for a move back to the 9.50 area – Rabobank

The EUR has clawed back some of its recent losses vs. the NOK in recent weeks. However, economists at Rabobank expect the EUR/NOK pair to grind lower
Mehr darüber lesen Previous

WTI choppy in low $100s, clings to large intra-day losses after US SPR announcement

Choppy conditions in global oil markets have continued during US trading hours, with prices continuing to trade with sharp on-the-day losses after the
Mehr darüber lesen Next