Crude in U.S. emergency reserve falls to lowest since Nov. 1984
HOUSTON (Reuters) – Crude inventories in the U.S. Strategic Petroleum Reserve (SPR) fell 7.5 million barrels in the week to Sep. 2 to 442.5 million barrels, their lowest level since…
HOUSTON (Reuters) – Crude inventories in the U.S. Strategic Petroleum Reserve (SPR) fell 7.5 million barrels in the week to Sep. 2 to 442.5 million barrels, their lowest level since…
HOUSTON (Reuters) – Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy. Stockpiles…
PHILADELPHIA – Joseph Martella, U.S. Customs and Border Protection’s Area Port Director in Philadelphia, accepted the Seven Seals Award presented to him by the Department of Defense’s Employer Support for…
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) – The U.S. Federal Reserve on Tuesday issued additional guidance for banks considering activities involving cryptocurrencies, emphasizing that firms must notify the…
WASHINGTON – The Biden administration does not plan to continue releases from the Strategic Petroleum Reserve (SPR) beyond the original six-month period, White House economic adviser Brian Deese said on…
ZURICH – Voestalpine has built up sufficient gas reserves to safeguard three months of production should there be an emergency hit to supplies, the Austrian steelmaker’s chief executive said in…
Fort Myers, FL – U.S. District Judge Thomas P. Barber today sentenced Savannah Symone Duncan (24, Los Angeles, CA) to two years in federal prison for passing or uttering counterfeit…
WASHINGTON – The U.S. Department of Energy on Tuesday said it was selling up to 45 million barrels of oil from the Strategic Petroleum Reserve as part of the Biden…
WASHINGTON – The U.S. Federal Reserve announced on Monday it would publish the results of its annual stress test of the nation’s largest banks on June 23. The results of…
NEWARK, DE – An armed man set up a military-style perimeter around his car in the parking lot United States Army Reserve Training Center at 1001 Ogletown Road on Wednesday.…
NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans and Jonathan Kanter, Assistant Attorney General for the Antitrust Division of the Department of Justice, announced that JOHNNY C. GUILLORY,…
By David Gaffen (Reuters) – U.S. crude stocks surged by more than 9 million barrels, in part due to releases from the nation’s strategic reserves, while gasoline and distillate inventories…
By Prerana Bhat and Tushar Goenka BENGALURU – The Reserve Bank of India will delay its first interest rate rise by at least four months to August at the earliest,…
WASHINGTON – U.S. President Joe Biden’s administration on Thursday announced a plan to release 1 million barrels of oil a day from the strategic petroleum reserve over the next six…
Federal Reserve Hikes Interest Rates For First Time In Three Years Harry Wilmerding on March 16, 2022 The Federal Reserve announced Wednesday it would increase interest rates in a series…
Biden Federal Reserve Nominee Sarah Bloom Raskin Withdraws Nomination Thomas Catenacci on March 15, 2022 Sarah Bloom Raskin, President Joe Biden’s pick for a key Federal Reserve position, withdrew her…
BUFFALO, N.Y., March 4, 2022 — M&T Bank Corporation (NYSE: MTB) (“M&T”) announced today receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the…
HAINES CITY, Fla., March 7, 2022 — Hanover Family Builders, a Landsea Homes Corporation (Nasdaq: LSEA) company, announced today it has closed on 102 completed homesites and sales have begun…
By Andrea Shalal WASHINGTON – Ukraine has exchanged all but $80 million of the $2.7 billion in new International Monetary Fund emergency reserves it received in August, IMF data show,…
A group of 10 bicameral Democrats urged President Joe Biden to tap further into the Strategic Petroleum Reserve (SPR) amid the ongoing crisis in Ukraine. The Democrats, led by Senate…
MOSCOW – Russia’s dominant lender Sberbank on Monday said it had opened an additional reserve line for its subsidiary banks in Belarus and Kazakhstan, as it grapples with sanctions and…
A former Keystone XL Pipeline worker, who was laid off after President Joe Biden canceled the project in 2021, slammed the president Wednesday for prioritizing green energy programs. Neil Crabtree,…
Fort Myers, Florida – U.S. District Judge Thomas P. Barber has sentenced Dennis Michael Aigotti (54, Bradenton) to 36 months in federal prison for possessing and passing counterfeit Federal Reserve…
– Credit Suisse economists expect a further 50 basis point (bps) cut in China’s reserve requirement ratio (RRR) in the first half of 2022, given the Asian economy is starting…
The Federal Reserve will keep interest rates near zero, and it will begin its rate hike in mid-March, Federal Reserve Chairman Jerome Powell said Wednesday after the central bank’s two-day…