(Bloomberg) — The Department of Energy will offer additional U.S. reserve crude for sale ahead of plans by the European Union to ban most Russian oil in December.
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US officials are out with a clumsy statement about a 10 million barrel SPR release in November. The statement sounds like it will add another 10 million barrels but it's just changing the...
A statement over the weekend from Libya's Minister of Oil and Gas:
Libya is currently losing more than 1,100,000 barrels per day (bpd) of oil production
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