Oil dropped after the U.S. asked some of the biggest Oil-consuming countries to join it by tapping into stockpiles to manage global energy prices, according to people familiar with the matter.
U.S. indices traded at record highs on Tuesday. The $1 trillion infrastructure bill passed by the Senate and a rebound in Oil prices may have been responsible for the rise.
Royal Dutch Shell is reviewing a possible sale of its most extensive U.S. holdings. The field in question could be worth up to $10 billion.
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