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IEA to release remaining 100M barrels of oil

The International Energy Agency said member countries agreed to complete the release of the remaining 100 million barrels of oil from the March intervention aimed at easing fuel prices.

Original · FXStreet AI summary of public reporting

Why: IEA oil release adds supply → pressures prices

BRENTOIL

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At publication → Current
BRENTOIL102.79 → 102.76−0.0%
CL96.08 → 95.87−0.2%
IEA to release remaining 100M barrels of oil | SignalHub