Biden to Release More Oil From Reserves, Chief Oil Analyst Believes Release Didn’t Lower Prices

Don Ma
By Don Ma
October 7, 2022NTD Business
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President Joe Biden says he is going to release more oil from the United States’ emergency oil reserve in a bid to keep gas prices from rising. It comes after the oil cartel OPEC-plus’s decision to slash oil production. NTD spoke with Denton Cinquegrana, chief oil analyst at OPIS, to hear his thoughts.

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