By Florence Tan and Arathy S Nair (Reuters) - The United States has launched an auction for 32 million barrels of crude from four strategic petroleum ...
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The United States will sell 32 million barrels of crude from four Strategic Petroleum Reserve (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said as it auctions oil to try to lower global prices.
China, the world’s largest crude importer, was non-committal about whether it will release oil from its reserves as requested by Washington, while OPEC sources said the U.S. action has not made the producer group change course. On Tuesday, U.S. President Joe Biden’s administration announced plans to release here millions of barrels of oil from strategic ...
China, the world's largest crude importer, was non-committal about whether it will release oil from its reserves as requested by Washington, while OPEC sources said the U.S. action has not made the producer group change course.
A jump in rates for U.S. corn and soybean has brightened the financial outlook for farmers who have started pre-buying seeds and chemicals to secure supplies for next spring amid sector-wide supply-chain problems.