Oil falls on report of IEA proposing biggest oil release ever

Government

March 11 : Oil prices fell further on Wednesday, as reports of the International Energy Agency proposing the largest release of oil reserves in its history due to potential supply disruptions from the U.S.-Israeli conflict with Iran dragged on sentiment. Brent futures traded down 88 cents, or 1 per cent, at $86.92 a barrel by 0451 GMT. U.S. West Texas Intermediate (WTI) traded 35 cents lower, or 0.4 per cent, at $83.1 a barrel. U.S. crude prices leapt 5 per cent at the market open after both

Oil falls on report of IEA proposing biggest oil release ever https://www.channelnewsasia.com/ - 11.03.2026 09:00
Oil prices choppy as WSJ reports IEA eyes biggest oil release ever https://www.channelnewsasia.com/ - 11.03.2026 04:53

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Oil falls on report of IEA proposing biggest oil release ever https://www.channelnewsasia.com/ - 11.03.2026 09:00
Oil prices choppy as WSJ reports IEA eyes biggest oil release ever https://www.channelnewsasia.com/ - 11.03.2026 04:53