WTI falls after IEA says oil stock releases to proceed
U.S. crude futures turned lower after the IEA said member countries would complete oil stock releases as soon as possible. By 11:55 a.m. ET, November WTI was down to $89/bbl.
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U.S. crude futures turned lower after the IEA said member countries would complete oil stock releases as soon as possible. By 11:55 a.m. ET, November WTI was down to $89/bbl.
Full Release Of All The Stocks That Had Been Pledged But Have Not Yet Been Released From March Would Bring Approximately 100 Million Barrels To The Market READ HERE
IEA: Full release of all the stocks that had been pledged but have not yet been released from March would bring approximately 100 mln barrels to the market.