March
Biden Orders Record Oil Release From U.S. Reserve to Tame Prices
The U.S. will release roughly a million barrels of oil a day from its reserves for six months, a historic drawdown that underscores White House concern about rising gas prices and supply shortages following Russia’s invasion of Ukraine.
Oil Slumps as U.S. Mulls Releasing Reserves Again to Cool Prices
Oil tumbled on signs the Biden administration is considering tapping U.S. reserves again in a potentially massive release to tackle rising inflation and supply shortages following Russia’s invasion of Ukraine.
Russia’s Gazprom considers halting gas to unfriendly countries
Russia’s state oil company Gazprom is considering halting gas supplies to "unfriendly" countries, Russian daily Kommersant reported on Thursday.
