Strategic Petroleum Reserve
-
Business
Brent Crude Hits $95.40 as Year-Over-Year Surge Extends Beyond $28
A 12-month surge in energy costs has pushed crude up by $28.19 over the past year, with the Brent benchmark…
Read More » -
Business
Brent Crude Reaches $93.60 Per Barrel as 41% Annual Rise Escalates Retail Fuel Pressures
Global oil benchmark Brent crude climbed to $93.60 per barrel at 6:30 a.m. Eastern Time, marking a $1.18 increase from…
Read More » -
Business
Subterranean Salt Cavern Risks Escalating as Emergency Crude Stockpiles Plunge
A planned emergency dump of 172 million crude barrels to curb Iran war market shocks is driving U.S. emergency stockpiles…
Read More » -
Business
Global Oil Benchmark Holds at $83.64 as Annual Gains Exceed 23%
Global oil prices stabilized on Thursday morning, with benchmark Brent crude trading at $83.64 per barrel by 7 a.m. Eastern…
Read More » -
Business
Global Oil Benchmark Brent Plunges 6.8% to $83.72 Amid Shifting Supply Outlook
Global crude benchmark Brent oil plunged 6.78% early Wednesday, dropping $6.09 to sit at $83.72 per barrel at 5:30 a.m.…
Read More » -
Business
Brent Crude Surges to $89.81 as Monthly Gains Top 23% Amid Arctic Drilling Policy Shift
Global Crude oil prices reached $89.81 per barrel at 5:20 a.m. Eastern Time today, posting a single-day gain of $2.43…
Read More » -
Business
Brent Crude Climbs Past $87 as Annual Oil Gains Exceed 25 Percent
Global energy trading pushed Brent crude oil to $87.38 per barrel during morning operations, extending a robust rally that has…
Read More » -
Business
US Warns China on AI Theft and Rare Earths as Second-Quarter GDP Slows to 1.5%
The U.S. government is confronting dual economic challenges as second-quarter national output slowed to an annualized rate of 1.5 percent…
Read More » -
Business
Global Oil Benchmarks Hold Near $92 as Supply Shifts and Arctic Drilling Policies Reshape Energy Outlook
Global energy markets continue to grapple with elevated crude prices, with the international benchmark Brent trading at $92.27 per barrel…
Read More » -
Business
Global Crude Surges Past $92 as Monthly Gains Top 24 Percent
International Oil Prices continued a sharp upward trajectory early today, with the global benchmark Brent crude climbing to $92.65 per…
Read More »