SPR levels dropped to a 40-year low of 347mln barrels in July 2023 after Trump's predecessor Joe Biden carried out several SPR sales to ease rising oil prices ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

The IEA forecasts that with higher OPEC+ targets for August, world oil supply is projected to rise by 2.1 mb/d to 105.1 mb/d this year ...