US asks Japan, China, others to consider tapping oil reserves, say sources
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WASHINGTON, Nov 18 — The Biden administration has asked some of the world’s largest oil consuming nations to consider releasing some of their crude reserves in a coordinated effort to lower prices and stimulate the economic recovery, according to several people familiar with the matter.

The Organization of the Petroleum Exporting Countries and allied producers including Russia have resisted calls from President Joe Biden to speed up the rate of their supply increases.


https://www.malaymail.com/news/money/202...es/2021710
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US facing armageddon?
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