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    Volatility Reports Point of Recognition

    October 30, 2023

October 30, 2023

Volatility Reports Point of Recognition

August 1, 2023 at 4:52 PM EDT
Updated on August 1, 2023 at 5:16 PM EDT
The Biden administration is again delaying a replenishment of the nation’s emergency oil reserve because of market conditions, according to people familiar with the matter. The decision comes as oil prices have rallied above $80 a barrel.

After the release for the pandemic, Biden said he would buy it back under $72.00. Well, the market was under that for the month of May. What happen, to leave the USA’s SPR short?  Is that a problem?

 

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