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#strategicpetroleumreserve — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #strategicpetroleumreserve, aggregated by home.social.

  1. Oil prices surge toward $100 as IEA calls war in Iran ‘the largest supply disruption’ in history

    Twenty-four hours after the International Energy Agency (IEA) announced a 400 million-barrel release from the Group of Seven…
    #NewsBeep #News #Topstories #AliKhamenei #Brentcrude #Disruption #globalsupply #Headlines #InternationalEnergyAgency #Iran #mojtabakhamenei #oilprices #StraitofHormuz #strategicpetroleumreserve #TopStories #WestTexasIntermediate
    newsbeep.com/431670/

  2. United States announces release of 172 million barrels from Strategic Petroleum Reserve starting next week as part of IEA's coordinated 400-million-barrel global release, with supply distribution planned over 120-day period to stabilize energy markets
    #YonhapInfomax #StrategicPetroleumReserve #USDepartmentOfEnergy #InternationalEnergyAgency #OilRelease #ChrisWright #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  3. United States announces release of 172 million barrels from Strategic Petroleum Reserve starting next week as part of IEA's coordinated 400-million-barrel global release, with supply distribution planned over 120-day period to stabilize energy markets
    #YonhapInfomax #StrategicPetroleumReserve #USDepartmentOfEnergy #InternationalEnergyAgency #OilRelease #ChrisWright #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  4. United States announces release of 172 million barrels from Strategic Petroleum Reserve starting next week as part of IEA's coordinated 400-million-barrel global release, with supply distribution planned over 120-day period to stabilize energy markets
    #YonhapInfomax #StrategicPetroleumReserve #USDepartmentOfEnergy #InternationalEnergyAgency #OilRelease #ChrisWright #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  5. United States announces release of 172 million barrels from Strategic Petroleum Reserve starting next week as part of IEA's coordinated 400-million-barrel global release, with supply distribution planned over 120-day period to stabilize energy markets
    #YonhapInfomax #StrategicPetroleumReserve #USDepartmentOfEnergy #InternationalEnergyAgency #OilRelease #ChrisWright #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  6. U.S. Interior Secretary Doug Burgum endorses IEA's strategic petroleum reserve release proposal to ease global oil price pressure, citing temporary transportation issues rather than energy shortage, while highlighting strengthened Middle East alliances and long-term peace prospects
    #YonhapInfomax #StrategicPetroleumReserve #DougBurgum #IEA #GlobalOilPrices #MiddleEastAlliances #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
    en.infomaxai.com/news/articleV

  7. @unusual_whales

    "On March 31, 2022, President Joe Biden announced that his administration would release 1 million barrels of oil per day from the [Strategic Petroleum Reserve] for the next 180 days, selling it at an average price of $96 per barrel. The 2022 release became the largest ever SPR sale and lowered the SPR to its lowest levels in 40 years."

    en.wikipedia.org/wiki/Strategi

    #StrategicPetroleumReserve #StrategicOilReserve

  8. The #BidenAdministration said on Monday it is selling 26 million barrels of #CrudeOil from the #StrategicPetroleumReserve, a release that had been mandated by Congress in previous years.

    The U.S. Department of Energy 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 have required Congress to act.

    #USDoE #Petroleum
    reuters.com/business/energy/us