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A service for energy industry professionals · Tuesday, June 3, 2025 · 818,649,303 Articles · 3+ Million Readers
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Strategic Petroleum Reserve News Monitoring

  • Published on 04:31 GMT

    Congressional leaders tour Midland fracking site to promote U.S. energy production

    U.S. lawmakers visit Midland's fracking site to promote energy production and emphasize West Texas oil and gas importance. MIDLAND, Texas — A group of U.S. lawmakers toured an active hydraulic fracturing site in Midland on Monday, part of a multi-state …

    Source: NewsWest9 - Texas - Pending
  • Published on 03:48 GMT

    Trump Sets July 4 Deadline For His ‘One Big, Beautiful’ Tax Bill — But GOP Unity Still Elusive

    His rallying call comes even as the House narrowly passed the bill, which is now headed toward the Senate for clearance. President Donald Trump defended his tax bill, dubbed the “one big, beautiful bill,” urging his partymen to pass it expeditiously and …

    Source: Asianet Newsable - Center-right
  • Published on 02:12 GMT

    Trump pushes 'Big, Beautiful Bill' as solution to four years of Biden failures: 'Largest tax cut, EVER'

    Trump's legislation runs the Congressional gauntlet NEWYou can now listen to Fox News articles! President Donald Trump turned to social media on Monday evening to sell Americans on his vision for the "Big, Beautiful Bill," calling it an …

    Source: Fox News - Right-wing
  • Published on Jun 2, 2025

    Oil Prices Surge By Over 4 Percent Despite OPEC+ S

    Crude oil prices jumped in early morning trade on Monday even as OPEC+ confirmed a planned supply increase starting next month, with factors such as declining U.S. crude stocks and Russia–Ukraine geopolitical tensions supporting prices. Brent crude oil …

    Source: NTD - Right-wing
  • Published on Jun 2, 2025

    Trump budget proposes closing Northeast heating oil reserve

    WASHINGTON (Reuters) -President Donald Trump's budget proposes to shut as soon as in a few months the Northeast Home Heating Oil Reserve, which stores 1 million barrels of diesel and was designed to protect consumers. The reserve, created in 2000 by …

    Source: The Gazette - Colorado - Center-right
  • Published on Jun 2, 2025

    OPEC+ Countries to 'Implement Production Adjustment' of 411K Bpd in July

    A statement posted on OPEC’s website on Saturday announced that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman “will implement a production adjustment of 411,000 barrels per day” next month. The statement noted that “the eight OPEC+ …

    Source: Rigzone - Neutral
  • Published on Jun 1, 2025

    19th Congress pushed key reforms, but gaps remain

    LAWMAKERS in the 19th Congress have made progress on reforms, but legislative gaps remain in addressing structural challenges, such as food security and job creation, analysts said over the weekend. There were also “missed opportunities” in passing bills …

    Source: Business World - Neutral
  • Published on May 31, 2025

    What's in the US Government's New Strategic Reserve of Seized Crytocurrencies?

    In March an executive order directed America's treasury secretary to create two stockpiles of crypto assets (to accompany already-existing "strategic reserves"of gold and foreign currencies). And the Washington Post notes these new stockpiles …

    Source: Slashdot - Neutral
  • Published on May 30, 2025

    USA Crude Oil Inventories Decrease Week on Week

    U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 2.8 million barrels from the week ending May 16 to the week ending May 23, the U.S. Energy Information Administration (EIA) highlighted in its …

    Source: Rigzone - Neutral
  • Published on May 30, 2025

    Oil prices to stay around $65/barrel: Hardeep Puri

    New Delhi: Oil prices will hover around $65 per barrel as ample supplies are available in the market, Oil Minister Hardeep Singh Puri has said. “My sense is that with more supplies becoming available, prices will be close to $65, not $80 per barrel,” Puri …

    Source: ETAuto - Indeterminate
  • Published on May 30, 2025

    Oil Prices Decline Ahead Of Expected OPEC+ Output Hike

    Oil prices edged lower on Friday as markets priced in expectations that the Organization of Petroleum Exporting Countries and its allies (OPEC+) will raise output in July. The downward trend also reflected broader market uncertainties stemming from …

    Source: Biz Watch Nigeria - Indeterminate
  • Published on May 29, 2025

    97% of the U.S. government's $20.9B crypto reserve is in Bitcoin

    The U.S. crypto reserves have been revealed to be 97% made up of Bitcoin, with Ethereum and stablecoins making up the remaining 3%.  New data has shown that Bitcoin (BTC) makes up an overwhelming 97% of the United States’ newly centralized $20.9B …

    Source: Cryptopolitan - Indeterminate
  • Published on May 29, 2025

    Roundup: Employee data collection / Off the Hook / Oil inventories

    Know the risks: As biometric and health-tracking technologies become more accessible, companies are increasingly collecting employees’ bodily data to boost productivity and safety. But research shows these efforts often undermine job security—especially …

    Source: Greater Baton Rouge Business Report - Louisiana - Neutral
  • Published on May 29, 2025

    The U.S. government’s new strategic reserve: Billions in seized crypto

    President Donald Trump signed an executive order in March that boosted the spirits of cryptocurrency investors - and created a digital money mystery. Trump directed the treasury secretary to create two national stockpiles of crypto assets, putting digital …

    Source: Yahoo News - Center-left
  • Published on May 29, 2025

    OPEC-Plus spurs uncertainty with production increases

    Downward pressure on prices accentuated OPEC-Plus’s plan to hike production by 411,000 barrels of oil per day in July comes after its recent daily increases totaling 530,000 barrels for the purpose of curbing American production and giving the 23 OPEC-Plus …

    Source: Odessa American - Texas - Neutral
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