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Oil: down to $ 75, release of strategic reserves expected

2021-11-23T07:40:26.479Z


The price of oil fell to $ 75 pending the simultaneous release by the US, Japan, India and South Korea (and possibly China) of the release of strategic reserves. (HANDLE)


(ANSA) - ROME, NOVEMBER 23 - The price of oil is down to $ 75 pending the simultaneous release by the US, Japan, India and South Korea (and perhaps also China) of the release of strategic reserves.

A move wanted by the Biden administration but which OPEC + has judged insufficient if demand is still strong.

However, the price of Wtidel Texas falls by 1.3% to $ 75.7 a barrel while Brent loses 0.98% to $ 78.9.

(HANDLE).


Source: ansa

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