Oil settled lower as IEA members detail large oil reserves release
Oil settled lower as IEA members detail large oil reserves release
International benchmarks for crude oil extended the weakening trend on Thursday, 7 April 2022 as the market anxiously awaits further details from the International Energy Agency (IAE) on the huge release of crude oil reserves from its members.
Brent fell 49 cents to close at $100.58/barrel.
WTI dropped 20 cents to settle at $96.03/barrel.