A lmost 400 million barrels of oil are currently sitting in dozens of deep underground caverns in the Deep South of the US.
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, surged by 6.2 million barrels from the previous week to 439.8 million barrels, about 4 percent below the five ...
US crude oil inventories for the week ended Mar. 28 increased by 6.2 million bbl from the previous week, according to US EIA data.
U.S. crude oil inventories increased by 6.2 million barrels last week as imports rose and refineries reduced their capacity ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million ...
Minister of State for National Treasury, Godfrey Kabera, said on Tuesday, on April 1, that as Rwanda embraces hybrid and electric vehicles, the country will still need fuel reserves for industries and ...
China dominates global critical mineral extraction and processing, but President Trump has developed a path to secure U.S.
A group of 51 US-based oil and gas producers and refiners had combined net earnings of $22.34 billion in fourth-quarter 2024, ...
The Trump Administration's recent executive order establishing a Strategic Bitcoin Reserve invites comparison to the nation's Strategic Petroleum Reserve or even the fabled gold hoard at Fort Knox.
Following its oversight visit to the Strategic Fuel Fund (SFF) this week, the Portfolio Committee on Mineral and Petroleum Resources has raised concern about the “insufficient” strategic fuel reserves ...
U.S. crude oil inventories fell unexpectedly last week despite an increase in imports and a small rise in refinery runs, according to data released Wednesday by the U.S. Energy Information ...
Macquarie strategists revealed that they are forecasting that U.S. crude inventories will be down for the week ending March ...