Posts Tagged ‘Strategic Petroleum Reserve’

Gold and Oil News - June 24, 2011 20:24

Crude Oil Moves down as IEA announces to Release more Oil Inventories in to World Markets

Crude oil futures plunged on Thursday after the announcement of International Energy Agency to release 60 million barrels of crude oil to world markets to cover the global shortage. Crude oil futures for August delivery declined 4.6 percent or $4.39 to $91.02 per barrel on New York Mercantile Exchange. The respective contract touched the dayâ€™s […]

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