Strategic Petroleum Reserve

Oil Prices Dip, But Will Consumers See Relief At The Local Station?
Oil Prices Dip, But Will Consumers See Relief At The Local Station?
Oil Prices Dip, But Will Consumers See Relief At The Local Station?
Oil prices, while still trading above $100 per barrel, eased slightly in Monday’s action. Kelly Just with AAA-Washington said West Texas Crude was down to around $103. And she noted there were several reasons behind the drop. “So, not only have Russia and Ukraine separately said that progress is being made in their talks that are continuing today, but also China has had a surge in COVID cases an
China Opens Strategic Petroleum Reserve Surprising Many
China Opens Strategic Petroleum Reserve Surprising Many
China Opens Strategic Petroleum Reserve Surprising Many
Oil prices rallied a bit in Monday trading, increasing roughly 1%. Patrick DeHaan with Gas Buddy said a variety of issues pushed prices higher, including an ongoing increase in coronavirus cases across the globe, shutdowns in the Gulf Coast rejoin due to hurricane Ida, as well as China’s decision to tap into their Strategic Petroleum Reserve. DeH ...