Europe Hesitates to Tap Oil Reserves Despite US Pressure

StoneX2 days ago0:53

The US is putting pressure on European allies to draw down their emergency oil reserves, but so far they have been reluctant. With roughly 270 million barrels currently in tanks, European leaders remain hesitant to tap into stockpiles. Alex Hodes, Director of Energy Market Strategy at StoneX, provides updates on European energy supplies in the related video. #Oil #EnergyMarkets #CrudeOil #Commodities #MacroEconomics #Shorts

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Europe Hesitates to Tap Oil Reserves Despite US Pressure | PiQ Markets