EnergyWatch

Oil steadies following release of reserves

Tuesday, the US announced a coordinated release of strategic reserves with China, India, South Korea, Japan and the UK.

Photo: ANGUS MORDANT/REUTERS / X06552

Oil increases further Wednesday morning following Tuesday's rise. The price steadies from Tuesday, while investors remain skeptical of the effects of the US-led coordinated release of strategic reserves.

A barrel of European reference oil Brent trades Wednesday morning for USD 82.20 against USD 81.44 Tuesday afternoon.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs