In the realm of global energy markets, the fluctuation of crude oil prices, particularly Brent crude, holds significant implications for…
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The price of oil and gas is influenced by a myriad of factors and controlled by various entities, each playing…
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Crude oil stocks in the United States increased by 2.264 million barrels for the week ending June 14, as reported…
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The Biden administration is prepared to release more oil from its strategic stockpile to prevent a surge in petrol prices…
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Oil prices soared by approximately 2% to reach a four-month peak on Monday, propelled by diminished crude exports from Iraq…
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Introduction: The Strategic Petroleum Reserve (SPR) is a critical component of the United States’ energy security strategy. The SPR is…
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Global Economic Concerns Drive Oil Prices Down, OPEC+ Meeting Postponed to November 30th
by Krystalby KrystalIn the wake of a notable shift in fundamental data in the United States, coupled with sluggish economic indicators from…
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The American Petroleum Institute (API) reported a build of 1.586 million barrels in U.S. crude oil inventories, compared to last…
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The American Petroleum Institute (API) reported a large draw of 5.25 million barrels in U.S. crude oil inventories, offsetting last…
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The Strategic Petroleum Reserve (SPR) is an indispensable component of a nation’s energy security strategy, acting as a crucial safeguard…