ON THE LEDGER 🌍🛢️


G7 countries and the International Energy Agency are discussing releasing 300M–400M barrels of oil from strategic reserves.
The move could flood the market with emergency supply created after the 1973 Arab Oil Embargo.
Oil prices are already falling on the news.
Governments are now preparing to use strategic reserves to stabilize the market and limit inflation.
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin