Tag
SPR
2 articles

markets
US Crude Exports Hit Records as SPR Drawdowns Cool Brent
US crude exports have surged to all-time highs and SPR releases keep flowing as Brent eases off recent highs on rising bets that a Hormuz deal is near.
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Explainer
markets
What is the Strategic Petroleum Reserve, and how does it actually work?
America's emergency oil stockpile — what it is, where it sits, who can release it, and what it actually does for prices during a crisis. Includes lessons from the 2022 record release.
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