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US speeds up purchasing for Strategic Petroleum Reserve as oil prices dip
Reuters via Yahoo Finance· 2 days agoWASHINGTON (Reuters) -President Joe Biden's administration said on Friday it has increased...
US buys 3 million barrels of oil for Strategic Petroleum Reserve
Reuters· 6 days agoThe U.S. is buying another 3 million barrels of oil for the country's Strategic Petroleum Reserve,...
Biden sold off nearly 50% of the Strategic Petroleum Reserve. Is that a problem?
Fortune via Yahoo Finance· 3 days agoCalled the Strategic Petroleum Reserve, or SPR, it is the world's largest emergency oil supply, and...
OPEC+ Extends Global Oil Production Cuts Into 2025
Barrons.com· 7 days agoThe decision by the Organization of the Petroleum Exporting Countries and its allies is expected to keep oil prices high through the U.S. presidential...
Granholm non-committal on whether US will increase pace of replenishing Strategic Petroleum Reserve
Just the News· 3 days agoEnergy Secretary Jennifer Granaholm is non-committal on whether the U.S. will increase its pace of...
Amid war, Putin looks east from Russia's window to Europe
Reuters via Yahoo News· 3 days agoCut off from the West, Russia is pitching its $2 trillion economy to giants like China and Saudi...
Russia Oil Revenue Rose 50 Pct in May as Nation Adapts to Sanctions
Rigzone· 4 days agoRussia’s oil proceeds to the state budget increased almost 50% in May from a year ago, as its crude...
Russia's Sibur to increase Ust-Luga LPG exports by 25% in June
Reuters· 4 days agoSibur Holding, Russia's top liquefied petroleum gas producer and exporter, will boost LPG loadings from the Baltic port of Ust-Luga by a quarter this month ...
U.S. gas prices not any higher after extended OPEC+ supply cuts - Marketplace
Marketplace· 5 days agoOPEC+, the petroleum-producing cartel including Russia, met over the weekend and announced that it...
OPEC agrees to keep oil production cut, likely maintaining high prices through November election
FOX Business· 7 days agoThe OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high...