How America’s Strategic Petroleum Reserve Is Evolving
Evolving Role and Financial Implications of America’s Strategic Petroleum Reserve in Today’s Oil Market
Oil prices climb on concerns over tight supplies
Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand in China, the world’s biggest crude importer.
Oil slides on release of strategic reserves and China lockdowns
Oil prices dropped by more than $2 a barrel on Monday after a second straight weekly decline on plans to release record volumes of crude and oil products from strategic stocks and on continuing coronavirus lockdowns in China.
EXCLUSIVE India starts selling oil from strategic reserves after policy shift
India has begun selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners as it implements a new policy to commercialise its federal storage by leasing out space, three sources familiar with the matter said.
