The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.
This was the stock's second consecutive day of losses.
Oil prices finished lower on Wednesday as uncertainty continued to surround President Donald Trump’s policy moves in the energy sector. Trump’s “drill, baby, drill” ...
Heavy Canadian Cold Lake crude sold on the Gulf for US$3 a barrel less than West Texas Intermediate last week as the threat of tariffs increased, according to Link prices. The discount was the ...
The North Dakota oil industry, state regulators and environmentalists are all preparing for policy changes under President ...
TD Cowen initiated coverage on ConocoPhillips (NYSE:COP) with a Buy rating and a $125.00 price target. The firm's analysis highlighted the energy company's significant scale, inventory depth, and ...
A well-supplied global oil market limits the potential for price shocks resulting from stronger sanctions on Russian oil ...
The U.S. Energy Information Administration revealed its latest Brent spot price forecasts in its January short term energy ...
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
Peru's niche Bretaña crude oil is gaining popularity in the United States, with the first cargo discharging in the U.S. Gulf ...
It is advisable to focus on companies like EOG Resources, ConocoPhillips & ExxonMobil, which have significant upstream operations in key shale plays.