G7 discusses joint release of oil reserves, WTI crude oil gains narrow to 20%

GateNews

2026-03-09 05:25:32

Gate News reports that on March 9, the G7 will discuss jointly releasing emergency oil reserves. Currently, three G7 members, including the United States, have expressed support for the coordinated release of emergency oil reserves. As a result, international oil prices sharply declined and retreated, with WTI crude oil (West Texas Intermediate) futures closing the day with a gain of only 20%.

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