Allegra Stratton: Releasing Oil… and Emails
Chancellor Rachel Reeves today.
Source: UK ParliamentThis article is for subscribers only.
There were two releases today: 400 million barrels of oil by national governments signed up to the International Energy Agency; and the release of hundreds of once-private UK government emails.
What effect have they both had? Well, the opened gates of national oil reserves briefly got the price of Brent crude to dip, before returning to be up at $92. And our reporters are poring over those emails to see what effect they may have on Keir Starmer’s stock.