U.S. crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), dropped by 2 million barrels for the week…
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The Strategic Petroleum Reserve (SPR) is the United States’ emergency oil stockpile. It is the largest emergency oil storage in the world, with a current capacity of 713.5 million barrels. The SPR was established in the aftermath of the 1973-74 oil embargo as a response to the country’s vulnerability to oil supply disruptions.
U.S. crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), dropped by 2 million barrels for the week…
The American Petroleum Institute (API) reported a 1 million-barrel increase in U.S. crude oil inventories for the week ending January…
Team Trump is gearing up to make major changes to the U.S. energy sector from day one. Among the top…
Crude oil inventories in the United States increased by 499,000 barrels for the week ending November 29, according to the…
U.S. crude oil inventories increased by 1.232 million barrels for the week ending November 22, according to data from the…
Crude oil inventories in the United States decreased by 5.935 million barrels for the week ending November 15, according to…
The transition team of incoming U.S. President Donald Trump is working on an energy plan that aims to boost oil…
Crude oil inventories in the United States rose by 4.753 million barrels during the week ending November 8, according to…
Crude oil inventories in the United States dropped by 777,000 barrels for the week ending November 1, according to data…
This week, oil markets are feeling the strain of persistent demand concerns, with OPEC revising down its global oil demand…
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