Oil Prices 'Dip' On IEA SPR Release, OPEC+ Output Headlines

Feb 28th 2022 8:10am EST

Oil Prices ‘Dip’ On IEA SPR Release, OPEC+ Output Headlines As expected, OPEC+ delegate sources are being reported as confirming the cartel will boost output by 400k bbl/day. Additionally, it is being reported that IEA members have agreed to release 70 million barrels from their strategic stockpiles in an effort to balance the extreme tightness […]

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