Oil falls most in two years after oil stockpile release


SINGAPORE, April 2 (Reuters): Oil settled lower on Friday (April 1) as members of the International Energy Agency (IEA) agreed to join in the largest-ever U.S. oil reserves release.

Both Brent and US crude benchmarks settled down around 13% in their biggest weekly falls in two years after US President Joe Biden announced the release on Thursday.

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Oil , Prices , Going Down , Stock , Issues

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