Rumors Of A Coordinated Oil Reserve Release Keep Prices Rangebound

Reader Update: Whether you are new to the oil and gas industry or an energy market veteran, you will regret not signing up for Global Energy Alert. Oilprice.com's premium newsletter provides everything from geopolitical analysis to trading analysis, and all for less than a cup of coffee per week.Chart of the Week- By lifting all of its May-loading formula prices, Saudi Aramco took the differentials of its marketed crudes to unprecedented levels, with its key Arab Light stream set at a $9.35 per barrel premium over Oman/Dubai for…