Stock Market News

Prices

Results Calendar charts

Charts

Watchlist

Share Tips news

News Home

Oil Price - Oil Prices Dip On Report President Biden Preparing New Sales From Strategic Petroleum Reserve

18-10-2022 02:42

Reports suggest President Biden will unveil plans for another sale of crude from the nation's emergency stockpile later this week.

White House 'plans to release another 15 MILLION barrels of oil' from the US's emergency stockpile this week in a bid to balance markets and crack down on rocketing gas prices

President Biden is planning to release up to 15million barrels of oil from the United States' emergency oil reserves as he tries to stem soaring gasoline prices.

Biden administration talks with energy firms as it seeks to balance oil prices-sources

The Biden administration has spoken with energy companies as it considers a plan to use the Strategic Petroleum Reserve to both push down oil prices for consumers and support longer-term demand for ...

Biden admin spoke with energy firms as it seeks to balance oil prices: Reuters, citing sources

The U.S. has spoken with energy firms as it considers to use the Strategic Petroleum Reserve to push down oil prices and support long term demand for producers.

The Economics Of A Russian Oil Price Cap

Economists often oppose price controls, but the economics of a price cap on Russian oil are complicated during times of war.

Related share prices

Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk

Get a free widget for your website with our latest headlines.

You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.

Visit our widget builder