Now, the reference value that matters is $50 a barrel. First, a spoiler alert. I’m not about to predict whether that new ...
The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source familiar with ...
A widening conflict in the Middle East and a surge in oil prices have triggered a rush into bullish bets tied to the ...
The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May 2025, the ...
Biden administration purchases 6 million barrels of oil for the SPR at $68.56 per barrel — a continuation of its strategy to ...
Front-month crude oil futures settled up 5.2% to $73.71 a barrel, the third consecutive gain and also the largest one-day advance since Oct. 13, 2023, after President Biden’s seeming confirmation that ...
Due to its 'lightness' and 'sweetness', WTI crude is normally selling at about $1-$2/ barrel premium to Brent. Brent is actually a blend of crude oil from 15 different oil fields the North Sea.
Thankfully, we’ve compiled a quick and comprehensive guide that provides the spawn locations of several water barrels found in the Scorched Enclave region. This guide will be especially useful ...
I always view qualifiers like “completely” when referring to something being empty or full as redundant ... the SPR contained 638 million barrels of oil. By mid-2023, that level had dropped ...
JPMorgan recently cut its fourth quarter forecast from $85 to $80 per barrel, citing "oil’s large underperformance" in August. Earlier in September, oil dropped to its lowest level since 2021 ...