Oil resumes rally, US reserve release seen as unlikely

US crude build, Russian natural gas assurances spur early losses

Crunch: the Biden Administration says all options are 'on the table' to tackle energy crunch — Crunch: the Biden Administration says all options are 'on the table' to tackle energy crunchPhoto: AFP

Oil Price USA Strategic Petroleum Reserves Joe Biden Opec+

Published 7 October 2021, 19:37Updated 7 October 2021, 19:37