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World still has ‘substantial’ emergency oil reserves after record release, IEA says

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World still has ‘substantial’ emergency oil reserves after record release, IEA says

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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The International Energy Agency's member countries still hold "a substantial volume" of emergency oil reserves, including more than 1B barrels of government-controlled stocks, despite the largest coordinated release of strategic reserves on record, the agency reported Tuesday.


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