Biden authorizes release of 1 mn barrels of oil per day from US strategic reserve for six months

Apr 01, 2022

Washington [US], April 1 : In order to keep oil prices under control, US President Joe Biden on Thursday (local time) announced to release...

Russia's oil exports hit 3-year-high in March, revenues up USD 1 bn: IEA

Apr 14, 2023

Russia's supplies by sea grew by 0.6 million barrels per day to 8.1 mn barrels per day, the agency said, adding that deliveries of...

Biden announces release of 15 million barrels of oil from strategic reserve

Oct 19, 2022

Washington [US], October 20 : US President Joe Biden has announced the release of 15 million barrels of oil from the United States strategic...

Biden to release 15 million barrels from oil reserve, more possible

Oct 19, 2022

Washington [US], October 19 : President Joe Biden will announce the release of 15 million barrels of oil from the US strategic reserve on...

US encourages India to participate in country's strategic petroleum reserve

Apr 01, 2022

Washington [US], April 1 : The United States has been in touch with several countries including India on the release of strategic reserves as...

Japan hails IEA's decision to release 400mn barrels of oil

Mar 11, 2026

Minister of Foreign Affairs of Japan Motegi Toshimitsu on Wednesday welcomed the decision made by the International Energy Agency (IEA) to implement a collective...