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Oil surges over 7% despite record reserve release announcement as markets doubt supply relief
The IEA said Wednesday that its 32 member countries would release 400 million barrels of oil from emergency reserves.
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tass.com
IEA proposes largest ever oil release from strategic reserves — WSJ
A decision on this issue is to be made on March 11
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cnbc.com
Oil prices resume rally as traders shrug off prospect of historic reserve release
Oil prices were choppy on Wednesday morning as markets continue to watch developments in the U.S.-Iran war.
