Biden’s Plan To Release Additional 15 Million Barrels Will Sink Reserves Below 400-Million Mark
The White House confirmed the further drawdown–the largest weekly release on record–which is expected to drop oil reserves to a
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Oil
Joe Biden Prepares to Frantically Sell Oil From Reserves After Snubbed by OPEC
With President Joe Biden left empty-handed after begging OPEC for more oil and midterm elections approaching fast, the White House
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NOPEC: US Congress’ Bipartisan Response To OPEC+
Momentum is gathering in Congress in support of legislation that would challenge the OPEC+ group of oil-producing nations, which recently
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Saudi Arabia Slams Joe Biden’s Attempts To Delay OPEC+ Oil Output Cutback
The Kingdom of Saudi Arabia issued a statement to clarify matters surrounding the OPEC+ decision to make its sharpest output
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OPEC Slashes Output by Most Since Covid-19, Joe Biden Goes Into Panic Mode
Joe Biden is having a very unpleasant morning. Despite repeatedly begging OPEC to keep oil prices down in effort to
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Warren Buffett’s Berkshire Hathaway Adds 6 Million More Occidental Petroleum Shares
Berkshire Hathaway (NYSE: BRK.A), a conglomerate helmed by Warren Buffett, strengthened its largest shareholder position on Occidental Petroleum (NYSE: OXY) by purchasing
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Is The World Switching To Fuel Oil And Propane? Demand Soars Higher Than 5-Year Average
Fuel oil and liquefied petroleum gas (LPG) are sustaining growing demand, comparable to the higher end of its demand range
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Germany Gains Control of Russian-Owned Rosneft Refineries in Desperate Bid to Avert Complete Energy Crisis
It appears that Germany has moved onto plan B to avert a full-blown energy crisis, after realizing that plan A
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Biden Administration Mulls Shoring Oil Reserves When Prices Hit Below US$80 Per Barrel
The Biden administration is looking at refilling its strategic petroleum reserves should crude oil prices drop below US$80 a barrel.
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Oil-Out War: Biden Threatens Sanctions On Russian Oil Buyers Who Ignore Price Cap, Putin Warns Total Energy Export Halt
The weaponization of energy exports is on full display as the US warns of imposing sanctions on buyers of Russian
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