How Long Can the US Be the Oil Supplier of Last Resort?
US oil export limits face a stress test as Iran conflict threatens supply, raising crude price risks and shifting focus to shale…
US oil export limits face a stress test as Iran conflict threatens supply, raising crude price risks and shifting focus to shale…
US SPR purchases of 6 million barrels and China’s 20% import quota increase spurred a 3.2% WTI rally to $68.45, arresting oil’s…
U.S. taps strategic oil reserves again as surging gas prices squeeze households, adding supply and pressuring crude markets.
China’s strategic oil release injects 500,000 b/d of crude, flipping Brent below $75 and pressuring WTI despite OPEC+ curbs.
U.S. considers military-base oil to refill SPR, pressuring crude prices and energy assets.