SPR

The US is refilling its Strategic Petroleum Reserve (SPR) after a record sale in 2022. The government aims to rebuild the stockpile while considering current oil market prices.

The US Congress has passed a funding bill that prevents China from purchasing crude oil from the country’s Strategic Petroleum Reserve (SPR), in a move that reflects the growing bipartisan …

The price of oil climbed higher on Wednesday after President Joe Biden said he would replenish the Strategic Petroleum Reserve (SPR), the world’s largest emergency oil stash. Biden’s decision came …