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Asian Stocks Poised for Gains, Oil Swings Higher: Markets Wrap Bloomberg.comShares steady, oil turbulence deepens over Middle East war fears ReutersIEA Reportedly Proposes Largest Ever Oil Stockpile Release Bloomberg.comWhy emergency oil releases won't fix this crisis CNNOil Futures Mixed as Traders Digest IEA's Proposal to Release Strategic Reserves
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Oil futures rose on Wednesday as traders awaited what could be a historic release of emergency government reserves to counter the disruption to supplies from the attack on Iran.
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Oil futures settled sharply lower on Tuesday, extending losses from the overnight session, as world leaders considered releasing emergency crude supplies with the Iran conflict stretching into an 11th day.
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