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U.S. secures 200 million barrels of oil for strategic reserve
Nov. 8 (UPI) --The U.S. Department of Energy said Friday that 200 million barrels of
oil
have been bought and delivered for the strategic
oil
reserve. The last purchase of 2.4 million barrels will arrive in the spring, putting 20 million more than the 180 ...
U.S. completes oil-reserve purchases tied to emergency sales in 2022
The Department of Energy on Friday said it bought 2.4 million barrels of oil for the nation’s Strategic Petroleum Reserve, marking the final purchase in its buyback effort foll
Exclusive-Biden Administration Buys Last Oil for Emergency Reserve as Fund Taps Out
The Department of Energy said it had bought 2.4 million barrels of oil for the reserve for delivery from April through May to the SPR's Bryan Mound, Texas site. The purchase depleted the department's fund to buy back more oil for the reserve,
Biden makes final purchase for Strategic Petroleum Reserve
The Department of Energy announced Friday it purchased 2.4 million barrels for the Strategic Petroleum Reserve.
DOE Completes Oil Purchases for Strategic Petroleum Reserve
The Department of Energy said Friday it has finished buying oil to replenish the Strategic Petroleum Reserve with the latest purchase of 2.4 million barrels. The DOE directly bought 59 million barrels of oil at an average price below $76 a barrel,
15h
India says oil prices would have rocketed without its Russian imports
Global oil prices "would have hit the roof" if big importer India had not bought oil from Russia following the Ukraine war, ...
1d
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy ...
18h
Citi predicts pressure on oil prices in 2025 under second Trump presidency
Crude oil futures slump on concerns about Chinese demand and limited impact from Hurricane Rafael; Biden administration buys ...
22h
Over 23% of US Gulf of Mexico oil output shut in due to Hurricane Rafael
Over 23% of crude oil production and 10% of natural gas output in the U.S. Gulf of Mexico was shut in by Hurricane Rafael, ...
1d
Canada’s New Oil Pipeline Worth Up to $24 Billion, Report Finds
A project to triple the capacity of the Trans Mountain Pipeline still has a high value after massive cost overruns to build ...
23h
What A Trump Presidency Means For Oil And Gas Markets
Energy markets are trying to digest what a Trump presidency means for oil & gas prices. The policies are expected to be ...
23h
on MSN
Oil settles down 2% on receding hurricane risk, lackluster China stimulus
Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane ...
1d
on MSN
Oil firm blames windfall tax for North Sea pull-out
A US oil firm has said it will end all its operations in the North Sea by the end of 2029, blaming the impact of the windfall ...
Investopedia
1d
What A Trump Victory Means For Oil Stocks
Trump's pro-energy stance may backfire for
oil
stocks Lyle spent most of the past two decades in a variety of product, communication and financial writing roles with large asset managers and mutual ...
1d
What wine blends and NASCAR wins taught me about engine oil
I spent a high-octane weekend with Valvoline & Hendrick Motorsports learning how proprietary preparations can give you the ...
22h
Ukraine war latest: Ukrainian drones hit oil refinery in Russia's Saratov, HUR source says
Ukrainian drones hit oil refinery in Russia's Saratov, HUR source confirms Ukraine to receive $6 billion in US military aid ...
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