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#StrategicPetroleumReserve

U.S. crude & petroleum exports spike to an all-time record of nearly 12.9M bpd has been driven in part by massive drawdowns from the Strategic Petroleum Reserve (SPR). Data shows that ~1/2 of the crude released from the SPR in recent months was exported rather than refined + https://t.co/N1TQsrdDxh #CrudeOil #PetroleumExport #StrategicPetroleumReserve #US

RT @JavierBlas: Wow! The U.S. injected ~9.9 million barrels of oil from its Strategic Petroleum Reserve into the market last week. That’s… #OilMarket #StrategicPetroleumReserve #EnergyEconomics #US

R
Reuters May 12

A cargo of crude oil from the U.S. Strategic Petroleum Reserve is en route to Turkey, marking the first shipment of its kind to the Mediterranean nation as part of the U.S. release of 172 million barrels aimed at stabilizing rising oil prices amid global supply disruptions due to the ongoing conflict in Iran. #OilExports #StrategicPetroleumReserve #EnergyMarket #US #TR #IR #IT #NL

Turkey set to receive its first shipment from US emergency oil stash