Strategic Petroleum Reserve
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financeUS Unleashes Strategic Oil Reserves and Targets ASEAN LNG Markets
The DOE releases 172 million barrels from the Strategic Petroleum Reserve to counter Middle East tensions, while pivoting LNG exports toward Southeast Asia.
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financeUS Unveils Strategic Energy Push to Secure ASEAN Markets
The US releases 172 million barrels from reserves and expands LNG exports to Southeast Asia, countering Middle East supply shocks.
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financeUS 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.
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financeUS Oil Inventories Hit 20-Year Low, SPR at Half Capacity
US commercial crude stocks fell to 434M barrels, lowest in two decades, with the Strategic Petroleum Reserve at a 28-month low.
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worldU.S. Oil Inventories Plunge to Lowest Since 2004 Amid Iran Tensions
U.S. crude stockpiles hit their lowest since 2004 due to exports and SPR releases, with Iran tensions adding volatility to oil markets.
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financeAPI Reports Massive Crude Draw, Oil on Track for $90 by June
U.S. crude inventories fell by 8.1 million barrels, far exceeding expectations, as Hormuz blockade tightens global supply.
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financeTrump Admin’s Oil Measures Fall Short Amid Strait of Hormuz Closure
With the Strait of Hormuz effectively closed, U.S. gasoline nears $4/gallon despite SPR releases, Jones Act waivers, and Russian oil sanctions relief.
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financeUS May Lift Sanctions on 140M-Barrel Iranian Oil Cache
Treasury Secretary Scott Bessent signals imminent move to unsanction Iranian crude stranded at sea to ease global supply crunch.