US Releases 40 Million Barrels from SPR to Ease Energy Price Pressures
The U.S. government will release 40 million barrels of crude oil from the Strategic Petroleum Reserve, marking the final phase of a…
The U.S. government will release 40 million barrels of crude oil from the Strategic Petroleum Reserve, marking the final phase of a…
Foreign buyers accounted for nearly half of the oil sold from the U.S. Strategic Petroleum Reserve during Trump's emergency release, raising questions…
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.