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US speeds up purchasing for Strategic Petroleum Reserve as oil prices dip
President Joe Biden's administration said on Friday it has increased purchasing of crude oil to replenish the Strategic Petroleum Reserve following its historic sale from the stockpile in 2022.The Department of Energy on Friday issued two solicitations to buy a combined 6 million barrels of crude for delivery to its Bayou Choctaw site in Louisiana from September through December.
DOE Seeking 6 Million Bbl of Sour Crude for Strategic Petroleum Reserve -- OPIS
The Department of Energy Friday issued a solicitation for a total of 6 million barrels of sour crude oil for the Strategic Petroleum Reserve. Delivery of the sour barrels is slated for September through December to the Bayou Choctaw storage site,
Biden sold off nearly 50% of the Strategic Petroleum Reserve. Is that a problem?
"When people say, 'Oh no, it’s so low,' well, what is it there for? It’s there to help us out."
US seeks 6 million barrels of oil for Strategic Petroleum Reserve
The U.S. issued two solicitations on Friday to buy a total of 6 million barrels of crude oil for the Strategic Petroleum Reserve as the administration of President Joe Biden replenishes the stockpile following a historic sale in 2022.
1h
on MSN
Biden aide raises possible increased deployments of U.S. strategic nuclear weapons
The United States may have to deploy more strategic nuclear weapons in coming years to deter growing threats from Russia, ...
Fast Company
1d
The 7 steps for strategic planning success
BY Jo Ann Herold 3 minute read As a C-suite executive, I’ve participated in numerous
strategic
planning sessions—some good, ...
2d
Do You Need A Strategic Pivot To Get AI Right?
An open question encourages discussion around every step of the process, helping to reveal inefficiencies or better outcomes.
Big Town Bulletin on MSN
6h
Unleashing Business Potential: The Art of Strategic Marketing
In the ever-evolving landscape of commerce, the power of marketing stands as an indomitable force, capable of propelling ...
6h
Uber's Strategic Return to Aberdeen Is Fueling A 12% Surge in Their Stock Performance
Uber's stock experienced a significant rise of over 7%. The nearly 12% increase for the year, suggests growing investor ...
1d
Strategic Succession: Unlocking ESOPs, Alternatives, And Purpose Trust Options
An innovative alternative for succession planning is the Purpose Trust Option Strategy. This approach offers significant ...
CoinDesk on MSN
8h
Robinhood’s Bitstamp Deal is Strategic and Brings Added Institutional Exposure: Bernstein
The Bitstamp acquisition is a
strategic
move by Robinhood to expand its crypto business, the report said. Bernstein said ...
Business Insider
16h
Buy Rating Affirmed for Frontier Communications: Strategic Expansion and Revenue Growth Potential
Additionally, the management’s optimistic outlook and their ongoing
strategic
review, which includes potential private investment options and expansion into new markets, suggest a positive ...
1d
on MSN
Defense Secretary Austin says protecting civilians in Gaza is a 'strategic imperative'
Defense Secretary Lloyd Austin told NBC News that "protecting the civilian population is a strategic imperative," in the Gaza ...
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