In a decisive response to skyrocketing oil prices triggered by the ongoing U.S.-Iran conflict, President Donald Trump has authorized the release of 172 million barrels from the Strategic Petroleum Reserve (SPR). This marks the largest […]
As oil prices surge past $100 per barrel amid escalating tensions in the Middle East, particularly the conflict involving Iran and disruptions in the Strait of Hormuz, the global energy market is facing unprecedented volatility. […]
In the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA) for the week ending January 9, 2026, U.S. commercial crude oil inventories (excluding the Strategic Petroleum Reserve) saw a notable increase […]
In an era of geopolitical tensions, supply disruptions, and shifting energy dynamics, strategic oil reserves have emerged as critical buffers for global markets. China’s aggressive crude stockpiling strategy has played a pivotal role in stabilizing […]
In a surprising turn for energy markets, the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration (EIA) reveals a drawdown in U.S. commercial crude oil inventories, challenging the prevailing narrative of an […]
Daily Standup Top Stories EU’s Climate Rules Have Caused a Response from the US and Qatar, Issuing Trade Threats October 22, 2025 Clark Savage In an escalating tension over global energy trade, the European Union’s push […]
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 […]
Sanctions don’t work as intended – Irina Slav – and boy is she right as usual. President Trump is about to step into a pile of Tariff-poo, and that is a technical term. His advisors […]
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 […]
The U.S. Department of Energy (DOE) has delayed plans to replenish the Strategic Petroleum Reserve (SPR) by seven months, pushing back significant repurchasing efforts to mid-2025. This setback, driven by rising oil prices and budgetary […]
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