U.S. discussing joint reserves release with China, others in aim at OPEC

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Reuters

By Timothy Gardner and Muyu Xu WASHINGTON/BEIJING (Reuters) – Governments from some of the world’s biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated move to cool global energy prices and ahead of a meeting of major oil producing countries. The Biden administration has asked https://www.reuters.com/business/energy/exclusive-us-asks-big-countries-coordinate-releases-oil-reserves-sources-2021-11-17 a wide range of countries, including China for the first time, to consider releasi…

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