Oil Barrels Archives

US to Tap One Million Oil Barrels Each Day from Its Strategic Reserves to Tame Prices

Post author:fxeditor
Post published:March 31, 2022
Post category:Commodities / News
Post comments:0 Comments
Post last modified:March 31, 2022

(Bloomberg) US officials are targeting about one million barrels of oil every day from its strategic reserves to combat rising prices. The officials reportedly target up to a total of…

Russia’s 7M Oil Barrels Cannot Be Replaced, OPEC Chief Warns Amid Looming Ban

Post author:fxeditor
Post published:March 8, 2022
Post category:Commodities / News
Post comments:0 Comments
Post last modified:March 8, 2022

(Reuters) OPEC+ chief Mohammed Barkindo has warned that the world lacks the capacity to replace 7 million barrels a day of oil from Russia as countries move to ban imports.…

US to Tap One Million Oil Barrels Each Day from Its Strategic Reserves to Tame Prices

Russia’s 7M Oil Barrels Cannot Be Replaced, OPEC Chief Warns Amid Looming Ban

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