SENSEX
NIFTY
GOLD
USD/INR

Weather

image 24    C

Economy News

The Economic Times

Economy / The Economic Times

details

US says oil from strategic reserve to start reaching market next week

America is set to release oil from its strategic reserves. Early deliveries are expected by next week. This move aims to tackle rising energy prices. The release is part of a loan system. Companies will return extra barrels as a premium. This initiative is at no cost to taxpayers. It is a global effort with the International Energy Agency.

14 Mar 2026 7:57 am