Post Tagged with: "US Strategic Petroleum Reserve"

Source: Reuters

Exxon draws from U.S. Strategic Petroleum Reserve for Louisiana refinery

World Oil

(Bloomberg) –The U.S. Department of Energy has authorized Exxon Mobil Corp. to receive crude from the Strategic Petroleum Reserve to kickstart the production of fuels while most oil production in the Gulf of Mexico remains shut.

The oil

September 3, 2021 - 12:00 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: World Oil

U.S. to auction 20MM barrels of oil from Strategic Petroleum Reserve

World Oil

The Energy Department plans to auction off

Source: Reuters

Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline


NEW YORK – President Donald Trump’s plan to fill the U.S. emergency crude oil stockpile has become the centerpiece of his administration’s strategy to shield drillers from a meltdown in energy demand – but company officials and industry groups …