Natural Gas and Oil Forecast: Will Strategic U.S. Oil Purchases Halt Price Decline?: With the U.S. buying 3M barrels for reserves, oil prices see support; however, global demand fears loom large.. US seeks up to 3 million barrels of crude oil to fill up strategic reserves: The US on Monday said it is seeking up to 3 million barrels of crude oil to fill up its Strategic Petroleum Reserve, according to Reuters.. US Seeks to Refill Strategic Oil Reserves Amid Political and Economic Challenges: The U.S.

Why The Strategic Petroleum Reserve Is Important For National Security

government is pursuing the purchase of up to 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) by mid-2025. Despite recent replenishments, financial constraints could hamper .... Nigeria’s Cost Of Living Crisis: A Strategic, Sustainable Approach: The rising cost of living presents a formidable challenge for the people of Nigeria. However, this challenge is not unique to Nigeria. Globally, many .... Strategic Oil & Gas (CVE:SOG) Stock Crosses Below 200-Day Moving Average – Here’s What Happened: Strategic Oil & Gas Ltd (CVE:SOG – Get Free Report) shares passed below its 200-day moving average during trading on Monday .

U.S. To Release 50 Million Barrels Of Oil From Reserve To Alleviate ...

The stock has a 200-day moving average of C$0.02 and traded as low as C$0.. Fuel crisis enters 3rd week with no hope: Petroleum retail hit hard as their capacity downsizes to 30%: Malawi breaking news publishing 24 hours a day news about Malawi, Malawi Business, Malawi Tourism, Malawi Politics, Malawi News .... US crude inventories increase by 5.5 million barrels, exceeding analysts’ expectations: Crude oil inventories in the US rose by 5.5 million barrels in the week ended Friday, comfortably beating expectations of analysts, EIA said..

Strategic Petroleum Reserves: What It Means, How It Works

‘Beef up food reserve’: THE Parliamentary Budget Committee has advised the government to bolster the financial capacity of the National Food Reserve Authority (NFRA) and the Cereals and Other Produce Board (CPB) to build up .... Mantashe publishes Petroleum Products Bill for public comment: Minister Mantashe has followed through on his commitment to securing the country’s control over its gas and oil .... Global Petroleum full-year losses narrow: Global Petroleum reported a loss after tax of $1.04m in its final results on Friday, narrowing from $1.28m year-on-year.. Nigeria Deploys Drone Surveillance To Curb Oil Theft In Niger Delta, Says Lokpobiri: Nigeria is set to combat oil theft with drone and satellite surveillance, aiming to boost oil production. The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, on Saturday .... Strategic approach to Nigeria’s cost of living crisis: Advancing agricultural technology is another long-term strategy that will increase productivity and food security..

STRATEGIC PETROLEUM RESERVES - UPSC Current Affairs -IAS GYAN