oil reserve

US President Joe Biden speaks on the phone with Russia's President Vladimir Putin about a possible Russian invasion of Ukraine, as Biden spends the weekend at the US presidential retreat at Camp David, in this official White House handout photo released after the call took place in Thurmont, Maryland, US February 12, 2022. Photo :Reuters
Global Economy

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

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan
USA

US could sell oil from emergency reserve this week

This could fall flat.Photographer: Callaghan O'Hare/Bloomberg
Analysis

America’s oil reserve weapon risks misfiring

An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo
Global Economy

When have the United States and others previously released oil from reserves?

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US, 21 April, 2020. PHOTO: REUTERS/Drone Base
Global Economy

Japan, Australia ready to tap oil reserves if Ukraine conflict hits supply

A China Ocean Shipping Company (COSCO) vessel is seen near oil tanks at the China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp in Dalian, Liaoning province, China October 15, 2019. REUTERS/Stringer.
Global Economy

China non-committal on US 'drop in the ocean' oil release

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. Photo :Reuters
Global Economy

China "has the upper hand" as US asks Beijing to release oil reserves - Global Times