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President Biden’s plan for increasing oil prices

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U.S. President Biden is planning to sell 15 million barrels from petroleum reserves

It comes as the president seeks to counter pressures created by OPEC Plus, which cut oil production targets.

It comes as the U.S. mid terms loom large, with candidates putting their best foot forward three weeks out.

The White House is seeking to balance the global markets amid soaring gas prices around the world.

The President has also reportedly told his close circle that he will authorise future releases if the conditions continue.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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