Brent holds above $82/b as reserve release schemes falter

25.11.2021

Oil prices were steady on Wednesday as investors questioned the effectiveness of a U.S.-led release of oil from strategic reserves and turned their focus to how producers will respond.

Brent crude futures were down 6 cents at $82.25 a barrel by 1212 GMT, having jumped by 3.3% on Tuesday.

U.S. West Texas Intermediate...