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Posts related to ‘Strategic Oil Reserve’

Obama Considering Release from Strategic Oil Reserve — Reuters

In less than two months, the price of Brent crude has risen from around $90 per barrel to threaten $120 per barrel again. At the pump, gasoline prices are up ...
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More Debate Over Release of Strategic Oil Reserves

French paper Le Monde reports that the heads of France, the United Kingdom and United States have begun discussions about a release of some of the crude in their strategic ...
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Will Release of Strategic Oil Reserves Matter?

There have been rumors in the media than President Obama and UK Prime Minister David Cameron may release strategic oil reserves -- crude stored by the countries in the event ...
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The World Rejoices As IEA Agrees to Release Crude from Strategic Reserves

The 28 countries comprising the International Energy Agency (IEA) have agreed to release a total of 60 million barrels of oil as a result of the continuing supply disruption to ...
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IEA Tries to Calm Crude Price Fears

The International Energy Agency has issued a statement that it apparently hopes will quell some of the fears that have driven crude prices to levels not seen for a while. ...
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