3 stories tagged #SPR

  1. US Oil Inventories Hit 20-Year Low Amid Export Surge and Strategic Reserve Drawdown
    finance

    US Oil Inventories Hit 20-Year Low Amid Export Surge and Strategic Reserve Drawdown

    US crude stocks fell to the lowest in over 20 years as exports rise and imports slow, with Cushing at 22.4 million barrels.

    2w ago 1 min read
  2. Trump Uses Defense Production Act to Bolster Domestic Oil Output
    finance

    Trump Uses Defense Production Act to Bolster Domestic Oil Output

    President Trump invokes the Defense Production Act to boost domestic oil production and curb energy prices, signaling a shift in national energy strategy.

    2mo ago 1 min read
  3. US Oil Prices Stable Amid Global Surge Due to Strategic Reserves
    finance

    US Oil Prices Stable Amid Global Surge Due to Strategic Reserves

    US crude cargo prices remain stable while Europe and Asia face record highs, thanks to strategic petroleum reserves and Venezuelan imports buffering domestic supply.

    2mo ago 2 min read