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

23 October 2026, 16:31

US Open: Further declines on Wall Street, Brent above 111 USD, AI correction continues (14.10.2026)

23 October 2026, 06:42

Morning Wrap: AI profitability concerns spark market Sell-Off

22 October 2026, 18:42

Daily Summary: Valuations Under Pressure, Capital Moves Away From Technology

22 October 2026, 14:14

Market Wrap: "Decent" results are not enough – tech stocks fall further; oil highest since May (22.10.2026)

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