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WTI, Brent Crude Dip as WSJ Reports IEA Could Release Supplies

OIL

WTI and Brent crude futures dip as WSJ reports that Western powers could intervene in energy markets by releasing 70mln bbls from emergency stockpiles. The agreement would be made through the IEA, and would include around 40mln bbls from the US of mostly light grades of oil.

MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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