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Strategic Petroleum Reserve

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Last Updated: Just Now
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Global Markets & Equities Just now (06:32 PM IST)

U.S. to Loan Up to 40 Million Barrels From Strategic Reserve in Latest Emergency Supply Move

The United States plans to loan up to 40 million barrels of crude from the Strategic Petroleum Reserve, extending a series of emergency supply actions tied to efforts to steady fuel markets. The move comes as inventories at the reserve remain near multi-decade lows, intensifying scrutiny over how much cushion Washington retains against future supply shocks.

By RDU Global Wire5 min read
Global Markets & EquitiesJust now (02:58 AM IST)

U.S. to Loan Up to 40 Million Barrels From SPR as Global Oil Deal Reaches Final Phase

The United States is preparing to loan up to 40 million barrels of crude from the Strategic Petroleum Reserve, marking the final tranche of a broader international effort to stabilize energy markets. The move comes as fuel prices remain elevated and the reserve sits at its lowest level in decades, intensifying scrutiny over Washingtonโ€™s emergency energy buffer and its ability to respond to future supply shocks.

5 min readRead โ†’
Global Markets & EquitiesJust now (10:40 PM IST)

U.S. to Loan Up to 40 Million Barrels From SPR in Final Tranche of Global Oil Deal

The United States is preparing to loan up to 40 million barrels of crude from the Strategic Petroleum Reserve, completing the last batch of a broader international effort to cool fuel prices and stabilize energy markets. The move underscores how Washington is still relying on emergency stockpiles to manage inflationary pressure even as the reserve remains near its lowest level in decades.

6 min readRead โ†’
National Governance & PolicyJust now (06:45 AM IST)

Artix 5.0: A New Era for Emerging Artists in New Delhi

The Artix 5.0 hotel art fair opens its doors in New Delhi, showcasing 21 rooms filled with innovative works from emerging artists alongside the legacy of veteran KG Subramanyan. This year's edition emphasizes the fusion of tradition and modernity in the Indian art scene.

3 min readRead โ†’

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