Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 4 of 4 results for "Strategic Petroleum Reserve"

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... getting prices under control." To do this Biden promised he'd continue the release of oil from the US's strategic petroleum reserve and persist with putting price caps on Russian oil. Biden also announced that'd he'd urge Congress to enact legislation ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... release more oil into the market. POTUS tweeted so: "I have authorised the release of oil from the Strategic Petroleum Reserve, if needed, in a to-be-determined amount sufficient to keep the markets well-supplied... PLENTY OF OIL!" At the end of the ...

Chief economist update: Crude oil slips

BENJAMIN ONG  |  TUESDAY, 17 JUL 2018
... shortages. On top of these, news that US President Trump administration is thinking of tapping into its Strategic Petroleum Reserve and the recent announcement that America would consider granting waivers to some Iranian oil buyers, should keep the oil ...

Market wrap - morning

AAP  |  WEDNESDAY, 24 JAN 2007
... Tuesday as oil prices jumped on news that US President George Bush will call for a doubling of the Strategic Petroleum Reserve. The Dow and the S&P 500 pared gains, but were still trading higher. The Dow Jones industrial average was up 38.54 points at ...
PAGE:
1