Oil price falls as US pushes for coordinated crude release; National Grid profits jump – business live

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Oil price falls as US pushes for coordinated crude release; National Grid profits jump – business live - short news

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U.S. asks Japan, China, others to consider tapping oil reservesHigher interconnector auction prices help boost National GridYesterday, energy prices pushed UK inflation to 10-year high

The oil price has hit a near-six-week low after America reportedly asked some of the world’s largest oil consuming nations to consider releasing crude stockpiles.

Under the plan, these countries could join the US in a coordinated effort..

Read more on The Guardian

source: The Guardian - 18.11.2021

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Oil price falls as US pushes for coordinated crude release; National Grid profits jump – business live

Oil price falls as US pushes for coordinated crude release; National Grid profits jump – business live - short news

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