A bipartisan group of U.S. senators introduced a bill to limit, not prohibit, the sale of crude oil from the U.S. Strategic ...

During the pandemic, the Biden Administration drew down the Strategic Petroleum Reserve (SPR), reducing it from 640 million barrels to 340, before replacing almost 20 million barrels in recent weeks.

Igor is an experienced finance journalist. He has covered U.S. and global financial markets, business, and economics as an editor and columnist for more than two decades. ViewStock / Getty Images ...

There is a narrative that I hear from time to time that President Biden made billions of dollars for the country by selling oil from the Strategic Petroleum Reserve (SPR) last year at high prices ...

AT A GLANCE • The Middle East oil embargo of 1973 spurred the creation of the Strategic Petroleum Reserve, or SPR, to safeguard U.S. national energy security against such events in the future.

Oil storage levels will rise under Trump, but probably at a slower pace than his rhetoric would suggest', analysts at BMI ...

Can Trump Refill the US Strategic Oil Stocks? - The pre-election promise of US President Donald Trump to refill the US Strategic Petroleum Reserve is ... allocated for SPR replenishments so ...

Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right now, it has more than half of that. The reserve, which former President ...

(The Center Square) – A bipartisan group of U.S. senators introduced a bill to limit, not prohibit, the sale of crude oil from the U.S. Strategic Petroleum Reserve (SPR). The Banning SPR Oil ...