Nov. 24, 2021

Reserves sale may give U.S. oil an edge over OPEC+ crude in Asia

Article by Bloomberg

The U.S. move to shoulder the bulk of oil sales in a joint reserves release is making its crude cheaper, bringing it closer to being viable for Asian customers to opt for American cargoes over Middle Eastern supplies. The 50-million-barrel release…

You must log in to see the rest of this article.