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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.

Nov 25 (Reuters) - The United States has launched an auction for 32 million barrels of crude from four strategic petroleum reserves (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said. The sale of SPR oil, which is mainly blended sour crude, is expected to depress the

The United States will sell 32 million barrels of crude from four Strategic Petroleum Reserve (SPR) sites to ...

The United States Department of Energy (US DOE) Office of Fossil Energy has issued a notice of sale for crude oil in the Strategic Petroleum Reserve (SPR).

The administration has been pushing China, India, Japan and South Korea to join in a coordinated effort to release reserves of crude oil.

The Biden administration is tapping into the nation's oil stockpile in hopes of lowering fuel costs for the holidays.

Hammered by high gasoline prices, President Biden announced this morning that the Department of Energy will release 50 million barrels of oil from the Strategic

The administration has been pushing China, India, Japan and South Korea to join in a coordinated effort to release reserves of crude oil to help tamp down rising gasoline prices.

The natural gas storage report from the EIA for the week ending March 5th indicated that the amount of natural gas held in underground storage in the US fell by 52 billion cubic feet to 1,793 billion cubic feet by the end of the week, which left our gas supplies 257 billion cubic feet, or 12.5% below the 2,050 billion cubic feet that were in storage on March 5th of last year, and 141 billion cubic feet, or 7.3% below the five-year average of 1,934 billion cubic feet of natural gas that have bee...

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