Three busted after stolen ride barrels into house in Smyrna
Dover, DE – A stolen SUV pursuit through multiple Delaware towns ended Thursday morning when the vehicle struck a home in Smyrna, leading to the …
barrels
Biden Admin Buys Millions Of Barrels To Refill Oil Stockpile After Dems Ripped Trump For Refill Plan At Lower Prices
The Biden administration purchased 2.8 million barrels to partially refill the strategic petroleum reserve (SPR) at prices significantly higher than prevailing prices when former President …
Hurricane Lee Slowing As It Barrels Toward East Coast
Hurricane Lee is slowing down a bit but is nevertheless a very powerful hurricane as it aims itself at the U.S. East Coast. The category …
Mexican Pemex estimates platform fire shut in 700,000 barrels of oil
MEXICO CITY (Reuters) – Mexican oil company Pemex estimates that a deadly fire on a major offshore platform off the southern edge of the Gulf …
China boosts imports of fuel oil blended from Russian barrels
By Chen Aizhu and Jeslyn Lerh SINGAPORE (Reuters) – China’s independent refineries are ramping up imports of discounted fuel oil blended from Russian barrels to …
U.S. crude stocks soar by more than 10 million barrels – EIA
By Arathy Somasekhar (Reuters) – U.S. crude oil stockpiles rose by more than 10 million barrels last week, the most since March 2021, buoyed by …
Libyan oil production at 1.2 million barrels per day, oil minister says
KUWAIT (Reuters) – Libya is producing about 1.2 million barrels per day of oil, oil minister Mohamed Oun told reporters on the sidelines of an …
U.S imports of Latam oil soar as refiners replace Russian barrels
By Arathy Somasekhar HOUSTON – U.S. refiners imported about 1.3 million barrels per day (bpd) of crude and fuel oil from Latin America in April, …
No let off to oil prices as Russia barrels disappear from market – BP CEO
LONDON – BP does not expect any let off in oil prices in the near term as the volume of Russian oil impacted by Western …
IEA to release 120 million barrels of oil to ease prices – Bloomberg
(Reuters) – The International Energy Agency (IEA) will release 120 million barrels of oil to ease prices, half of which would come from the United …
Oil above $100/barrel to stay as market struggles to replace Russian barrels: Reuters poll
By Seher Dareen (Reuters) – A rally in oil is set to continue with prices staying well above $100 this year as a parched market …
IEA ministers discuss release of 60 million barrels of oil -sources
LONDON – Ministers from member countries of the International Energy Agency (IEA) are discussing the release of 60 million barrels of oil from storage in …
Biden administration to release 13 million more barrels of oil from strategic reserve
The Department of Energy (DOE) announced Tuesday the release of millions of barrels of oil from the Strategic Petroleum Reserve (SPR) to combat soaring gas …