DOE Aims to Restock Strategic Petroleum Reserve with 6 Million Barrels of Crude Oil
In a recent announcement, the Department of Energy revealed its intention to acquire 6 million barrels of crude oil...
Strategic Petroleum Reserve
U.S. Crude Oil Stockpiles Decline: Impact on Markets and Demand
U.S. crude oil inventories dropped last week due to lower production and imports, according to the U.S. Energy Information...
U.S. Crude Oil Inventories Drop: Impact on Prices and Demand
U.S. crude oil inventories dropped last week due to lower production and imports, according to the U.S. Energy Information...
Energy Stocks Plunge Amid Oil Retreat
In a recent report by the Energy Information Administration, shares of energy companies dropped as oil futures retreated for...
DOE Secures 2.5 Million Barrels for Strategic Petroleum Reserve
In a bid to replenish the Strategic Petroleum Reserve, the Energy Department has awarded contracts for nearly 2.5 million...
U.S. Crude Oil Inventories Decline for Sixth Week in a Row
In a recent report by the U.S. Energy Information Administration, it's revealed that U.S. crude oil inventories have decreased...
U.S. Crude Oil Inventories Decline for Fifth Week in a Row
U.S. crude oil inventories dropped more than anticipated last week, marking the fifth consecutive decline, as exports rose and...
U.S. Boosts Strategic Petroleum Reserve, Awards Contracts for Future Purchases Amid Weakening Oil Prices
In a recent development, the U.S. Strategic Petroleum Reserve has seen an increase of 2.4 million barrels of sour...
Goldman Sachs: Limited Tools for Next U.S. President to Boost Oil Supply in 2025
In a recent analysis, Goldman Sachs predicts that the next U.S. president may have limited tools to significantly increase...
U.S. Crude Oil Inventories Decline for Third Week in a Row
In a surprising turn of events, U.S. crude oil inventories saw their third consecutive week of declines, dropping by...