US will release 180 million barrels within next six months

White House confirmed earlier speculations that will release 1 million barrels of oil per day from strategic reserves in order to lower fuel prices and fight inflation. The total will release 180 million barrels, which is the largest release in US history. Initially OIL.WTI pushed lower, however buyers manage to quickly regain control and price returned to local resistance at $104.15.

OIL.WTI, H4 interval. Source: xStation5

2 October 2026, 15:26

Oil down nearly 5% following the announcement that European diesel reserves will be released💡

2 October 2026, 12:35

🟡Gold takes a breath, because of oil, not NFP

1 October 2026, 18:47

Daily Summary: Wall Street Recovers as Micron Shines and Oil Prices Rise Again

1 October 2026, 16:19

The US has a Diesel problem. Now Europe is being asked to open its reserves

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