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blanket amount is SUM of amount for all releases under that Blanket.
Release amount is SUM of amount for all shipments for that release i.e. SUM (quantity x price) for all shipments under that release.
e.g. you have a blanket with 2 releases for the same item with unit price $ 1000.
Release 1: Quantity = 3. So here the release amount will be $ 3000 (3 x 1000).
Release 2: Quantity = 5. So here the release amount will be $ 5000 (5 x 1000).
And the blanket amount will be $ 8000 (3000 + 5000)
When you are querying using the blanket number and release number in PO summary the system is showing only the release record and corresponding amount for that. As per above example you'll see $ 3000 for 1st release and $ 5000 for 2nd release.
Now query in PO summary with blanket number and without any release number. Check the 'View Releases' checkbox and press find. You'll see the blanket and all associated releases. There the release amount will add up the total blanket amount.