The United States may aect international oil prices in a number of 

ways:

First, the U.S. has established a complete strategic and commercial 

reserves system and releases the reserve data periodically. With 

the support of IEA, it has also created a joint mechanism to draw 

on the strategic reserves in case of emergencies. 

Second, the U.S. has a sophisticated energy and nancial market. 

Its oil futures are global oil benchmarks.

Third, the U.S. can also sway the international market as a supplier, 

owing to its considerable output level and the shale revolution.

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