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Oil Prices Fall as IEA Proposes Use of Strategic Reserves
09:27; 11 March 2026 year
© изображение сгенерировал ИИ
Brent crude oil prices dipped below $87 per barrel during trading on March 11, according to data from the London-based ICE exchange.
During the session, the price of the May futures contract for Brent crude fell by 1.23%, reaching $86.72 per barrel.
The decline came after the International Energy Agency (IEA) announced a proposal to release the largest-ever volume of oil reserves to stabilize the market.
