Strategic Petroleum Reserve
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Biden Sidelined Global Energy Partners With Record Emergency Oil Release: Sources
The group's members have become worried that U.S. President Joe Biden is using the Strategic Petroleum Reserve (SPR) to tamp down rampant domestic inflation for political reasons, instead of protecting consumer countries from a global supply disruption, according to the sources who declined to be identified because of the sensitivity of the topic.
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Oil Prices Dive As U.S. Considers Record Reserves Release
The United States is considering releasing 180 million barrels of crude from its Strategic Petroleum Reserve.
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Oil Prices Fall Sharply To Below $107 A Barrel On Hopes Of US Crude Supply Boost
Oil prices fell sharply to below $107 a barrel on Thursday as the US administration considered releasing crude for several months from their Strategic Petroleum Reserve (SPR).
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Oil Prices Fall Sharply To About $108 A Barrel On Hopes Of US Crude Supply Boost
Oil prices fell sharply early on Thursday as the US administration considered releasing 1 million barrels of crude a day for several months from their Strategic Petroleum Reserve (SPR).
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Amid Russia-Ukraine Conflict, Government Assures Fuel Price Stability
Government has assured that it is "closely monitoring" potential supply disruptions and is ready to take steps for ensuring supplies at stable prices
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Petrol, Diesel Prices Remain Unchanged For 24 Days In A Row
Petrol and Diesel Prices Today: Fuel prices remained stable for the 24th consecutive day across four metros
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India's Release Of 5 Million Barrels Oil From Stockpile A 'Symbolic Gesture'
The government official said the release from India's strategic petroleum reserve (SPR) was "a symbolic gesture" as it needed to create space as part of efforts to make money from renting out the storage and was already selling the oil.
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US To Sell 32 Million Barrels Of Crude From Four Sites As Part Of Strategic Sale
The United States will sell 32 million barrels of crude from four Strategic Petroleum Reserve (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said as it auctions oil to try to lower global prices.
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India, US, China To Release Oil Together To Tame Prices: 10 Facts
India has decided to release 5 million barrels of crude oil from its strategic petroleum reserves (SPRs) simultaneously with countries like the US, Japan, China, Britain and Republic of Korea with the aim of bringing down its prices.
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India, Japan Planning To Release Crude Oil On US Request: Report
The request came after the US government was unable to persuade OPEC+ to pump more oil with major producers arguing the world was not short of crude
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India Starts Selling Oil From Strategic Reserves After Policy Shift
India, the world's third-biggest oil importer and consumer that imports over 80% of its oil needs, is mirroring a model adopted by countries such as Japan and South Korea in its commercialisation of its Strategic Petroleum Reserves (SPRs).
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India Refiners' July Crude Processing Catches Up With Demand Rebound
Fuel demand also climbed last month to its highest since April as pandemic restrictions and lockdowns were unwound in most states.
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Government Starts Selling Oil From Strategic Reserves After Policy Shift: Report
Last month government had changed its policy to allow the Indian Strategic Petroleum Reserves to lease 30% of its overall 37 million barrels capacity to Indian and foreign companies.
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India Overhauls Petroleum Reserve Policy To Boost Private Interest: Report
India, the world's third-biggest oil importer and consumer, imports over 80 per cent of its oil needs and has built strategic storage at three locations in southern India to store up to 5 million tonnes of oil to protect against supply disruption.
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Government Overhauls Petroleum Reserve Policy To Boost Private Interest: Report
India also plans to build strategic storage at Chandikhol in Odisha and Padur in Karnataka for around 6.5 million tonnes of crude to provide an additional cover of 12 days of net oil imports
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Biden Sidelined Global Energy Partners With Record Emergency Oil Release: Sources
The group's members have become worried that U.S. President Joe Biden is using the Strategic Petroleum Reserve (SPR) to tamp down rampant domestic inflation for political reasons, instead of protecting consumer countries from a global supply disruption, according to the sources who declined to be identified because of the sensitivity of the topic.
-
Oil Prices Dive As U.S. Considers Record Reserves Release
The United States is considering releasing 180 million barrels of crude from its Strategic Petroleum Reserve.
-
Oil Prices Fall Sharply To Below $107 A Barrel On Hopes Of US Crude Supply Boost
Oil prices fell sharply to below $107 a barrel on Thursday as the US administration considered releasing crude for several months from their Strategic Petroleum Reserve (SPR).
-
Oil Prices Fall Sharply To About $108 A Barrel On Hopes Of US Crude Supply Boost
Oil prices fell sharply early on Thursday as the US administration considered releasing 1 million barrels of crude a day for several months from their Strategic Petroleum Reserve (SPR).
-
Amid Russia-Ukraine Conflict, Government Assures Fuel Price Stability
Government has assured that it is "closely monitoring" potential supply disruptions and is ready to take steps for ensuring supplies at stable prices
-
Petrol, Diesel Prices Remain Unchanged For 24 Days In A Row
Petrol and Diesel Prices Today: Fuel prices remained stable for the 24th consecutive day across four metros
-
India's Release Of 5 Million Barrels Oil From Stockpile A 'Symbolic Gesture'
The government official said the release from India's strategic petroleum reserve (SPR) was "a symbolic gesture" as it needed to create space as part of efforts to make money from renting out the storage and was already selling the oil.
-
US To Sell 32 Million Barrels Of Crude From Four Sites As Part Of Strategic Sale
The United States will sell 32 million barrels of crude from four Strategic Petroleum Reserve (SPR) sites to be delivered between late-December and April 2022, the Department of Energy (DOE) said as it auctions oil to try to lower global prices.
-
India, US, China To Release Oil Together To Tame Prices: 10 Facts
India has decided to release 5 million barrels of crude oil from its strategic petroleum reserves (SPRs) simultaneously with countries like the US, Japan, China, Britain and Republic of Korea with the aim of bringing down its prices.
-
India, Japan Planning To Release Crude Oil On US Request: Report
The request came after the US government was unable to persuade OPEC+ to pump more oil with major producers arguing the world was not short of crude
-
India Starts Selling Oil From Strategic Reserves After Policy Shift
India, the world's third-biggest oil importer and consumer that imports over 80% of its oil needs, is mirroring a model adopted by countries such as Japan and South Korea in its commercialisation of its Strategic Petroleum Reserves (SPRs).
-
India Refiners' July Crude Processing Catches Up With Demand Rebound
Fuel demand also climbed last month to its highest since April as pandemic restrictions and lockdowns were unwound in most states.
-
Government Starts Selling Oil From Strategic Reserves After Policy Shift: Report
Last month government had changed its policy to allow the Indian Strategic Petroleum Reserves to lease 30% of its overall 37 million barrels capacity to Indian and foreign companies.
-
India Overhauls Petroleum Reserve Policy To Boost Private Interest: Report
India, the world's third-biggest oil importer and consumer, imports over 80 per cent of its oil needs and has built strategic storage at three locations in southern India to store up to 5 million tonnes of oil to protect against supply disruption.
-
Government Overhauls Petroleum Reserve Policy To Boost Private Interest: Report
India also plans to build strategic storage at Chandikhol in Odisha and Padur in Karnataka for around 6.5 million tonnes of crude to provide an additional cover of 12 days of net oil imports
