2026-10-05

Oil Slips After G7 Agrees to Release 100 Million Barrels From Emergency Reserves

Oil prices slipped on Monday after the Group of Seven (G7) agreed to release 100 million barrels from emergency reserves. Rising crude exports from the Middle East added to the supply relief. Brent crude traded at style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"01.69, down 0.55%, while West Texas Intermediate (WTI) fell 1.04% to $90.16, Trading Economics data showed. Follow us on The post Oil Slips After G7 Agrees to Release 100 Million Barrels From Emergency Reserves appeared first on BeInCrypto.