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US buys 3 million barrels of oil for Strategic Petroleum Reserve
Reuters· 13 hours agoThe U.S. is buying another 3 million barrels of oil for the country's Strategic Petroleum Reserve,...
South Korea Discovers Major Offshore Oil And Gas Reserves — Enough To Fuel Nation For Decades,...
Benzinga· 1 day agoWhat Happened: President Yoon Suk-yeol announced on Monday that significant oil and gas reserves...
U.S. Added 3.3M Bbl to Strategic Petroleum Reserve in May, DOE Data Shows -- OPIS
Market Watch· 17 hours agoThe reserve held 370.2 million bbl - 143.8 million bbl of sweet crude and 226.4 million bbl of sour crude - as of Friday, DOE said. May purchases were entirely sour crude, ...
Republicans Warn Biden Against Tapping Oil Reserve as Gas Prices Rise
Rigzone· 5 days ago“It is clear President Biden, and the DOE will continue to use the SPR as a political tool to offset...
South Korea's Yoon approves exploration of vast oil, gas prospects off the coast
CNBC· 1 day agoThe possibility of the area containing as much as 14 billion barrels of oil and gas is "very high,"...
Colombia's Oil Industry Stuck in Death Spiral
Oilprice.com via Yahoo Finance· 12 hours agoColombia's oil industry is in a state of decline due to government policies, lack of investment, and declining reserves, raising concerns about the...
Should America be worried about the Strategic Petroleum Reserve this summer?
The Hill· 5 days agoGas prices always become an issue in the summer months, as Americans hit the road for holiday...
South Korea approves huge offshore oil and gas exploration initiative
Offshore Technology via Yahoo Finance· 22 hours agoThe project is estimated to cost more than $363m (500bn won), and will start before the end of this...
Keir Starmer vows to ‘close door on Putin’ with GB Energy
Press Association News via AOL· 2 hours ago“With Great British Energy, my changed Labour Party will close the door on Putin,” Sir Keir said....
OPEC+ oil cuts probably won’t move gas prices — but this wild card could
Market Watch· 14 hours agoWeather forecasters have been bracing for a very active hurricane season. OPEC+ agreed to extend two...