Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be ...
Crude and gasoline inventories saw moderate increases while middle distillate inventories saw a strong draw last week ...
President Donald Trump this week signed an executive order to establish U.S. dominance in the digital asset market and make ...
In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the downward trend continuing beyond the new year.
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.
President Trump’s working group explores a U.S. Bitcoin reserve, addressing legal challenges, regulatory issues, and ...
China currently dominates the market for the hardware and software used to mine cryptocurrency. Creating a large federal ...
Asia will dominate the global liquids storage capacity additions, representing more than half of the total global additions ...