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  • [ October 21, 2025 ] Abaxx Confirms Growing Trading Activity in its North Pacific-Asia and US Gulf of Mexico LNG Futures ENB Pub Note
  • [ October 21, 2025 ] The US Needs to Restock the Strategic Oil Reserve – This would save money and jobs in the long run. Crude Oil News
  • [ October 21, 2025 ] How is Germany Facing Total Collapse Through Deindustrialization and Net Zero Energy Policies Bankruptcy
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HomeStrategic Oil Reserves

Strategic Oil Reserves

Crude Oil News

The US Needs to Restock the Strategic Oil Reserve – This would save money and jobs in the long run.

October 21, 2025 Clark Savage

In a move aimed at bolstering national energy security, the United States needs to push forward with plans to replenish its Strategic Petroleum Reserve (SPR), which has been significantly depleted in recent years. President Donald […]

Big Oil Companies

ExxonMobil Borrows from SPR Due to Crude Quality Issue

July 15, 2025 Clark Savage

In a move highlighting the vulnerabilities in the U.S. oil supply chain, ExxonMobil has secured a loan of up to 1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to address quality […]

Strategic Petroleum Reserve
Crude Oil News

Did releasing oil from the Strategic Petroleum Reserve impact gas prices?

November 8, 2022 Mariel Alumit

Beginning in November 2021, President Joe Biden’s administration has used the Strategic Petroleum Reserve (SPR) to combat rising gas prices. In March of 2022, the administration announced a new release of 180 million barrels of […]

Oil Prices
Commodities

Oil Prices Continue to Fall To Levels Not Seen In Weeks

October 18, 2022 Mariel Alumit

Crude oil prices continued their fall on Tuesday, with WTI now dipping to levels not seen since before the OPEC+ meeting. The November contract for WTI crude fell to $83.22 per barrel on Tuesday afternoon—sliding […]

Crude Oil News

IEA states agree on coordinated oil release but not volumes – Japan

April 1, 2022 Mariel Alumit

Tokyo, April 1 (Reuters) – U.S.-allied countries on Friday agreed to their second coordinated oil release in a month to calm markets roiled by Russia’s invasion of Ukraine, Japan’s industry ministry said, a day after […]

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