Market Updates
Oil Drops on Reserve Release Expectations
Brian Turner
31 Mar, 2022
New York City
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Volatile oil prices turned lower after reports suggested that the U.S. is preparing to release at least one million barrels of oil a day for the next six months to stem the rising prices. OPEC and its allies agreed to a small increase of output by 432,000 barrels a day and reminded that the prices are decided by markets in New York and London.
Annual Returns
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Earnings
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