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...

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...

US announces first sale of 18mn barrels from strategic oil reserve to reduce prices

Dec 11, 2021

Washington [US], December 11 (ANI/Sputnik): The Energy Department announced the first sale of 18 million barrels of oil from the US Strategic Petroleum Reserve...

US looking to store several hundred million barrels of oil in strategic reserve: Treasury Secretary

Apr 30, 2020

Washington [US], April 30 (Sputnik/ANI): US Treasury Secretary Steven Mnuchin said during remarks at White House that the United States is looking into storing...

"In an era of constant change, reliable partnerships are real strategic reserve": UAE Minister of Industry

Jan 27, 2026

Speaking at India Energy Week 2026, Al Jaber said the defining story of energy today was one of growth, driven by three powerful megatrends: the...

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...