Oil Gains as Biden Faces Mounting Calls to Unleash SPR Crude

Oil Gains as Biden Faces Mounting Calls to Unleash SPR Crude

… needed immediate relief at the gas pump. A top administration … release from the reserves after crude hit a seven-year … and its allies to raise crude production more quickly was rebuffed … the situation very carefully.”
While oil markets remain backwardated — a …

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  • On November 15, 2021
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