oil release

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    Canada to Supply 23.6M Barrels to Stabilize Markets

    March 14, New Delhi – Canada will contribute 23.6 million barrels of oil to an International Energy Agency (IEA) plan aimed at stabilizing global energy markets amid rising tensions in the Middle East.The announcement from Natural Resources Minister Tim Hodgson’s office came late Friday, two...
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    International Effort Boosts Oil Supply Amid Global Market Concerns

    Washington, March 12 – The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve over the next four months, as part of a coordinated international effort by major economies to stabilize energy markets amid rising global prices driven by conflict in the Middle...
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