Por: Associated Press Politics December 17, 2022
WASHINGTON (AP) — The Biden administration said Friday it is buying 3 million barrels of oil to begin to replenish U.S. strategic reserves that officials drained earlier this year in a bid to stop gasoline prices from rising amid production cuts by OPEC and a ban on Russian oil imports.President Joe Biden withdrew 180 million barrels from the Strategic Petroleum Reserve starting in March, bringing the stockpile to its lowest level since the... + full article
Forbes USA Business December 17, 2022
Topline The Department of Energy announced Friday it would purchase 3 million barrels of oil to replenish the U.S. strategic reserve and strengthen energy security, as oil (and related gas) prices have dropped since the summer, when the administration tapped the reserve to... + más
What is the strategic oil reserve, and can it lower gas prices? | Portland Press Herald
OPEC Warns of 'Considerable Uncertainties' Facing Oil Market -- WSJ | MarketWatch
MarketWatch USA Business November 14, 2022
In its closely followed monthly market report, the Organization of the Petroleum Exporting Countries modestly lowered its forecast for global oil demand while making small tweaks to its supply forecasts and holding off from making changes to its global economic growth forecasts.... + más
How The OPEC Meeting On Production Influences Oil And Gas Stocks | Forbes
Oil market faces ‘considerable uncertainties,’ OPEC warns | Fox Business
Los Angeles Times USA World October 20, 2022
President Biden plans to release 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies plan to cut production. The administration hopes that tapping the Strategic Petroleum Reserve, a move... + más
EXPLAINER: What is the Strategic Petroleum Reserve? | ABC News
What is the Strategic Petroleum Reserve? | ABC News
ABC News USA Business October 19, 2022
As rising gas prices strain the budgets of many Americans, President is set to announce on Wednesday moves that aim to address the oil supply shortage behind the cost spike.Most notably, the announcement includes the release of 15 million barrels of oil from the nation's... + más
US Sanctions International Network Of Companies Selling Iranian Petroleum Products | RTTNews
DALLAS -- President plans to release 15 million barrels of oil or more from the U.S. strategic reserves in an effort to stop gasoline prices from rising now that OPEC and its allies plan to cut production.The administration hopes that tapping the Strategic Petroleum Reserve, a... + más
Portland Press Herald USA World October 19, 2022
On Wednesday, President Biden announced another release of oil from the Strategic Petroleum Reserve. The White House released a huge amount of oil this spring, aiming to temper gas prices that had been driven up, in part, by Russia’s invasion of Ukraine and the U.S. ban on... + más
MarketWatch USA Business October 05, 2022
Price action Market drivers Crude prices had spent the first days of the week rallying on expectations OPEC+ — made up of Saudi-led OPEC and other major producers, led by Russia — would deliver a large cut to output at its meeting, held Wednesday in Vienna. the group said it... + más
What does the OPEC+ oil cut mean for US gas prices? | ABC News
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
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