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Republicans Warn Biden Against Tapping Oil Reserve as Gas Prices Rise
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- Top Republicans are warning the Biden administration against tapping into the...
U.S. Added 3.3M Bbl to Strategic Petroleum Reserve in May, DOE Data Shows -- OPIS
Market Watch· 2 days agoThe reserve held 370.2 million bbl - 143.8 million bbl of sweet crude and 226.4 million bbl of sour crude - as of...said. May purchases were entirely sour crude, following ...
Oil drops as OPEC+ boosts supply even though demand is shaky
StreetInsider· 17 hours agoHOUSTON (Reuters) -Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand ...
API Reports Significant Draw in Crude Oil Inventories
Oilprice.com via Yahoo Finance· 7 days ago(DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose by 0.5...
Morning Bid: Dip buying persists, Canada set to ease
Reuters via Yahoo Finance· 2 hours agoWith one eye on Friday's May employment report, Wednesday's release of ADP's private sector job survey is next on the slate and a modest slowdown in job...
Should America be worried about the Strategic Petroleum Reserve this summer?
The Hill· 6 days agoGas prices always become an issue in the summer months, as Americans hit the road for holiday...
U.S. Crude Oil Stocks Fall More Than Expected
The Wall Street Journal· 6 days agoU.S. crude oil inventories fell by more than expected last week, and gasoline stocks increased as refineries stepped up their capacity use, according to...
Oil cartel delivers bad news for Biden ahead of US elections
BizPac Review· 2 days agoOPEC+ reached an internal agreement to prolong its oil production cuts, a move that could raise energy prices in the U.S. ahead of the pivotal 2024 elections, […]
Brent crude oil price forecast after crashing below key support | Invezz
Invezz· 1 day agoThe Brent crude oil price crashed below a key support level as the market reflects on the latest...
OPEC+ extends oil output cuts into 2025 - ABC17NEWS
ABC17 NEWS· 2 days agoThe group said in...September this year, before it is “gradually phased out on a monthly basis” by the end of September 2025. The group also released its...