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Homebarrels

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Zero Edge

US Confirms It Seized Nearly 1 Million Barrels Of Iranian Oil Allegedly En Route To China

September 11, 2023 Mariel Alumit

Authored by Mimi Nguyen Ly via The Epoch Times, The U.S. government has confirmed that it seized nearly a million barrels of crude oil from Iran that was allegedly bound for China. The Justice Department […]

Price
Crude Oil News

In 2022, U.S. crude oil exports increased to a new record, 3.6 million barrels a day

March 30, 2023 Mariel Alumit

March 30, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Annual and Petroleum Supply Monthly In 2022, U.S. crude oil exports averaged 3.6 million barrels per day (b/d), a record high according to export […]

Petroleum
Crude Oil News

Permex Petroleum Provides Updated Reserve Report Confirming 27 Million Barrels of Oil Equivalent on its Permian Basin Assets

February 22, 2023 Mariel Alumit

​ DALLAS, Feb. 21, 2023 (GLOBE NEWSWIRE) — Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCD) (FSE: 75P) (“Permex” or the “Company”), an independent energy company engaged in the acquisition, exploration, development and production of oil […]

million
Crude Oil News

U.S. to sell 26 million barrels of strategic reserve oil mandated by Congress

February 14, 2023 Mariel Alumit

The department had considered cancelling the fiscal year 2023 sale of the 26 million barrels after the Biden administration last year sold a record 180 million barrels from the reserve. But such a cancellation would […]

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