The US is reportedly planning to release 180 million barrels of SPR

Sees upside pressure on big stock releases in 2023

Australia says an emergency IEA meeting is planned

A potential major release of strategic oil reserves in the coming months would cut Goldman Sachs’ Brent crude price forecast for the second half of 2022 by $15/b but could support higher oil prices in 2023, the investment bank said on March 31.

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