In the wake of a notable shift in fundamental data in the United States, coupled with sluggish economic indicators from…
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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.
In the wake of a notable shift in fundamental data in the United States, coupled with sluggish economic indicators from…
The American Petroleum Institute (API) reported a build of 1.586 million barrels in U.S. crude oil inventories, compared to last…
The American Petroleum Institute (API) reported a large draw of 5.25 million barrels in U.S. crude oil inventories, offsetting last…
The Strategic Petroleum Reserve (SPR) is an indispensable component of a nation’s energy security strategy, acting as a crucial safeguard…
The Strategic Petroleum Reserve (SPR) stands as a critical component of energy security for the United States. This vast store…
The Strategic Petroleum Reserve (SPR) stands as a critical pillar of energy security for nations worldwide. Designed to safeguard against…
The Strategic Petroleum Reserve (SPR) is a vital component of the United States’ energy security strategy. As the world’s largest…
The Strategic Petroleum Reserve (SPR) is a crucial component of a nation’s energy security strategy, providing a strategic stockpile of…
The EIA crude oil inventory in the United States for the week to June 30 was -1.508 million barrels, expected…
In the United States, the EIA crude oil inventory in Cushing, Oklahoma, in the week to June 23 was 1.209…
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