Emily
Editor, Senior Moderator
https://www.reuters.com/markets/com...management-with-stockpile-release-2021-11-24/
Commodities Analysis: Biden White House wades into oil market management with stockpile release
By Timothy Gardner and Richard Valdmanis
Nov 24 (Reuters) - U.S. President Joe Biden's decision to tap the nation's emergency oil stockpiles marks the first time in two decades that a president has used the reserve to tame energy prices instead of tackle a supply disruption.
The release also marks the first coordinated release with consuming nations outside the auspices of the West's energy watchdog, the International Energy Agency...
Commodities Analysis: Biden White House wades into oil market management with stockpile release
By Timothy Gardner and Richard Valdmanis
Nov 24 (Reuters) - U.S. President Joe Biden's decision to tap the nation's emergency oil stockpiles marks the first time in two decades that a president has used the reserve to tame energy prices instead of tackle a supply disruption.
The release also marks the first coordinated release with consuming nations outside the auspices of the West's energy watchdog, the International Energy Agency...