Oil Falls as U.S. Eyes Reserve Release; Stock Futures Pause

Australia News News

Oil Falls as U.S. Eyes Reserve Release; Stock Futures Pause
Australia Latest News,Australia Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

U.S. stock futures were steady and oil fell after reports that President Biden is preparing a substantial release of oil reserves to stanch soaring energy prices and inflation

Futures tied to the S&P 500 were flat, suggesting that the broad-market index may hover after it closed down 0.6% on Wednesday. Nasdaq-100 futures rose 0.2%, pointing to muted gains for technology stocks after the opening bell.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

President Biden plans to tap oil reserves to control US gas pricesPresident Biden plans to tap oil reserves to control US gas pricesPrices have spiked as the U.S. and allies have imposed steep sanctions on Russia over its invasion of Ukraine.
Read more »

President Biden expected to announce plans to tap oil reserve to control gas pricesPresident Biden expected to announce plans to tap oil reserve to control gas pricesBiden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that have spiked as the U.S. and allies have imposed steep sanctions on Russia.
Read more »

President Biden expected to announce plans to tap oil reserve to control gas pricesPresident Biden expected to announce plans to tap oil reserve to control gas pricesBiden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that have spiked as the U.S. and allies have imposed steep sanctions on Russia.
Read more »

President Biden expected to announce massive release of oil reservesThe announcement is expected on Thursday amid rising concern about rising prices at the pump.
Read more »

President Biden expected to announce plans to tap oil reserve to control gas pricesBiden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that have spiked as the U.S. and allies have imposed steep sanctions on Russia.
Read more »

President Biden expected to announce plans to tap oil reserve to control gas pricesPresident Biden expected to announce plans to tap oil reserve to control gas pricesBiden is preparing to order the release of up to 1 million barrels of oil per day from the nation's strategic petroleum reserve, according to two people familiar with the decision, in a bid to control energy prices that have spiked as the U.S. and allies have imposed steep sanctions on Russia.
Read more »



Render Time: 2025-03-04 10:00:29