Oil prices fall after US ponders record-breaking release of crude reserves

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Oil prices fall after US ponders record-breaking release of crude reserves
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Joe Biden seeks to allay fears of shortages over Russian invasion of Ukraine

Oil prices have dropped after White House officials said the US was considering a record-breaking release of crude oil reserves to allay fears of shortages afterA barrel of Brent crude fell more than 5% to $105.50 on Thursday as traders digested the impact of the largest-ever release since the reserve was created in 1975.

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