YOU WONT BELIEVE: 2 | Mind Blowing Facts

Crude Posts Moderate Gains on the Outlook for Stronger U.S. Fuel Demand

June WTI crude oil (CLM23 ) on Monday closed up +1.07 (+1.53%), and June RBOB gasoline (RBM23 ) closed up +4.18 (+1.72%). Crude oil and gasoline prices Monday shook off early losses and closed moderately higher. A weaker dollar Monday gave energy prices a boost along with expectations for U.S....

Barchart · May 15, 2023

Feel a Ghostly Presence? New Scientific Research Might Explain Why

Research is showing this ethereal experience is something we can understand, using scientific models of the mind, the body, and the relationship between the two.

Inverse · Apr 16, 2023

Q1 2023 and Beyond- Energy

The energy sector of the commodities market includes crude oil, gasoline, heating oil, natural gas, and ethanol contracts that trade on the CME’s NYMEX division. The energy sector led the way on the downside in Q1 2023 with gains in gasoline and ethanol and significant declines in the crude oil,…

Barchart · Apr 12, 2023

Crude Erases Early Gains as U.S. Delays Refilling SPR

May WTI crude oil (CLK23 ) on Thursday closed down -0.94 (-1.33%), and May RBOB gasoline (RBJ23 ) closed up +1.27 (+0.49%). Crude oil and gasoline prices Thursday fell back from 1-week highs and settled mixed. A recovery in the dollar Thursday sparked long liquidation in crude futures after the...

Barchart · Mar 23, 2023

US to sell 26 million more barrels from strategic oil reserve

The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, fulfilling budget directives mandated years ago that it had sought to stop as oil prices have stabilized.

Tribune News Service · Feb 13, 2023

House GOP aims to tie oil reserve sales to public land drilling

WASHINGTON — The House on Wednesday may begin consideration of a bill that would alter the president’s authority to tap the Strategic Petroleum Reserve. President Joe Biden has said he would veto it.

Tribune News Service · Jan 25, 2023

House GOP aims to tie oil reserve sales to public land drilling - Roll Call

The House is expected to consider legislation that would limit sales from the Strategic Petroleum Reserve.

Roll Call · Jan 25, 2023

Republicans Want More Control Over America's Oil Reserve. They Should Scrap It Instead.

The Strategic Petroleum Reserve is supposed to insulate the U.S. from oil embargoes and foreign wars. More often, it has been used like an insurance policy for private companies.

Reason · Jan 20, 2023

U.S. House passes bill banning exports of reserve oil to China

The U.S. House of Representatives overwhelmingly passed a bill on Thursday to ban releases of oil from the U.S. Strategic Petroleum Reserve from being exported to China, though the measure faces an uncertain future in the Senate.

Reuters · Jan 12, 2023

White House begins plan to refill US emergency oil reserves

WASHINGTON — The Biden administration is making good on a plan to replenish the nation’s emergency oil reserves, starting with a 3 million barrel purchase of crude.

Tribune News Service · Dec 17, 2022