Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
A strategic reserve is a stock of a systemically important input which the economy depends on. Bitcoin is not systemically ...
Commercial crude stockpiles rose by 3.5 million barrels. Analysts had predicted inventories would increase by 1.1 million ...
Trump's crypto push amounts to betting the entire U.S. financial system on imaginary money. What could go wrong?
US President Donald Trump’s statements toward the Strategic Petroleum Reserve (SPR) are conflicting but also might be the ...
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be ...
The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.
U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, The Wall Street Journal reports.  Data released Wednesday by the U.S.
That's a rough estimate of how much it would currently cost the U.S. to refill its Strategic Petroleum Reserve "right to the ...