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	WTI Crude •10 mins	67.98	-1.97	-2.82%
	Brent Crude •10 mins	71.06	-2.38	-3.24%
	Natural Gas •10 mins	4.598	-0.256	-5.27%
	Heating Oil •23 mins	2.116	-0.036	-1.68%
	Gasoline •5 hours	2.034	-0.043	-2.08%
	Louisiana Light •8 days	77.14	+0.63	+0.82%
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Louisiana Light • 8 days	77.14	+0.63	+0.82%
Bonny Light • 1 day	73.52	+1.47	+2.04%
Opec Basket • 4 days	76.09	-5.22	-6.42%
Mars US • 8 hours	66.45	+1.80	+2.78%
Gasoline • 5 hours	2.034	-0.043	-2.08%

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	Marine •1 day	75.22	-2.09	-2.70%
	Murban •1 day	77.45	-2.02	-2.54%
	Iran Heavy •1 day	70.03	+1.52	+2.22%
	Basra Light •1 day	75.29	-7.86	-9.45%
	Saharan Blend •1 day	74.65	+1.60	+2.19%
	Bonny Light •1 day	73.52	+1.47	+2.04%
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Bonny Light • 1 day	73.52	+1.47	+2.04%
Girassol • 1 day	74.24	+1.35	+1.85%
Opec Basket • 4 days	76.09	-5.22	-6.42%

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	Canadian Crude Index •1 day	51.07	+1.70	+3.44%
	Western Canadian Select •5 hours	46.95	+1.80	+3.99%
	Canadian Condensate •5 hours	68.95	+1.80	+2.68%
	Premium Synthetic •5 hours	70.35	+1.80	+2.63%
	Sweet Crude •5 hours	58.95	+2.05	+3.60%
	Peace Sour •5 hours	56.45	+1.80	+3.29%
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Peace Sour • 5 hours	56.45	+1.80	+3.29%
Light Sour Blend • 5 hours	62.95	+1.80	+2.94%
Syncrude Sweet Premium • 5 hours	58.95	+1.80	+3.15%
Central Alberta • 5 hours	56.45	+1.80	+3.29%

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	Louisiana Light •8 days	77.14	+0.63	+0.82%
	Domestic Swt. @ Cushing •1 day	66.50	+1.75	+2.70%
	Giddings •1 day	60.25	+1.75	+2.99%
	ANS West Coast •7 days	82.52	+2.11	+2.62%
	West Texas Sour •1 day	63.90	-8.44	-11.67%
	Eagle Ford •1 day	67.85	-8.44	-11.06%
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Eagle Ford • 1 day	67.85	-8.44	-11.06%
Oklahoma Sweet • 1 day	66.50	+1.75	+2.70%
Kansas Common • 4 days	58.50	-10.25	-14.91%
Buena Vista • 4 days	72.89	-10.24	-12.32%

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All Charts

12 hours U.S. Ready To Release Even More Crude From SPR
14 hours Gazprom Reports Record-Breaking Profits Amid Surging Gas Prices
18 hours Saudi Aramco: Oil Markets Overreacted To Omicron Fears
19 hours Russia Warns The U.S. Not To Interfere With Nord Stream 2
20 hours Is The U.S. Government About To Make Oil Drilling More Expensive?
21 hours OPEC+ Delays Meetings Following Surprise Oil Price Crash
4 days Industrial Metals Rise As China’s Property Market Bounces Back
4 days DIDI Plunges After China Asks The Company To Delist From The NYSE
4 days Brazil’s Oil Major Plans To Invest $68 Billion In Boosting Production
6 days UN Nuclear Agency Fails To Reach An Agreement With Iran
6 days Steel Prices Remain Elevated As Production Slides
6 days Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover
6 days U.S. Gasoline Prices Barely Budge After SPR Release Announcement
6 days OPEC+ Reacts To Biden, May Not Raise Oil Production In December
6 days Barclays Lifts Brent Oil Price Forecast To $80 In 2022
7 days Keystone XL Developer Seeks $15 Billion In Compensation
7 days Crude Oil Inventory Build Follows Announcement Of SPR Release
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7 days Florida Looks To Directly Lower Gasoline Prices With Tax Relief
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8 days Saudi Aramco's $15 Billion Oil Deal With India's Largest Company Fails
8 days Halting Cambo Oilfield Exposes The UK To Energy Shortages
8 days British Gas Swoops In To Save Stranded Customers From Energy Crisis
8 days Saudi Retains Top Spot among China Oil Suppliers
8 days Japan Considers Releasing Oil From Reserve
11 days Asian Buyers Can't Get Enough Of U.S. Sweet Crude Oil
11 days U.S. Gasoline Prices Set For Decline
11 days OPEC+ Pumped Less Oil Than Agreed In October
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12 days Biden Calls On FTC To Investigate Oil Companies And High Gas Prices
13 days Largest Offshore Drilling Auction In U.S. History Kicks Off With $192M In Bids
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3 minutes Looming European Gas Crisis in Winter and North African Factor - a must read by Cyril Widdershoven
7 minutes "Biden Targets Another US Pipeline For Shutdown After 'Begging' Saudis For More Oil" - Zero Hedge Monday Nov 8th
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6 hours GREEN NEW DEAL = BLIZZARD OF LIES
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5 days Building A $2 Billion Subsea Solar Power Cable From Chile To China
3 days Is anything ever sold at break-even ? There is a 100% markup on lipstick but Kuwait can't break-even.
4 hours NordStream2
3 days Modest drop in oil price: SPRs vs US crude inventory build
4 days 2019 - Attack on Saudi Oil Facilities.
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6 days Peak oil - demand vs production

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U.S. Ready To Release Even More Crude From SPR

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Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.

Latest articles from Tsvetana

What Happens If Europe Runs Out Of Gas?

Published 29 November 2021 | viewed 5,846 times

The real test of Europe's energy supply is here. As temperatures have started dropping on the continent in recent days, power prices spiked again, and…
Gazprom Reports Record-Breaking Profits Amid Surging Gas Prices

Published 29 November 2021 | viewed 1,782 times

Russian gas giant Gazprom reported on Monday record profits for the third quarter on the back of soaring natural gas prices in its key export…
Russia Is Ready To Return To Pre-Pandemic Oil Production

Published 29 November 2021 | viewed 5,084 times

All Russian oil companies have confirmed they can raise production to the levels before the pandemic if the alliance chooses to proceed with monthly increases…
U.S. Strategic Oil Reserves Could Fall By 50% Over The Next Decade

Published 29 November 2021 | viewed 5,904 times

Recent legislation and last week’s announcement of a release of 50 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR) could see…
Morgan Stanley Slashes Oil Price Forecast On Omicron Fears

Published 29 November 2021 | viewed 12,335 times

The oil market expects that the Omicron variant of the coronavirus could dampen oil demand in coming weeks, Morgan Stanley said on Monday, slashing its…
Asia Is Facing A Long-Tern Natural Gas Crunch

Published 25 November 2021 | viewed 9,573 times

Asian natural gas buyers have had to pay record prices for LNG cargoes in recent weeks, as the global energy crunch sent spot prices skyrocketing…
The Real Reason Why OPEC+ Won’t Open The Taps

Published 24 November 2021 | viewed 26,112 times

The United States announced a release from its Strategic Petroleum Reserve (SPR) on Tuesday, saying at the same time that it hopes OPEC+ would continue…
China Keeps Markets In The Dark About SPR Release

Published 24 November 2021 | viewed 3,093 times

The volume of the expected Chinese release of crude oil from its state reserves will be decided according to the country's actual needs, China said…
Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover

Published 24 November 2021 | viewed 13,509 times

Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration, Russia’s Deputy Energy…
Canada’s Drilling Activity Set To Exceed 2019 Levels Next Year

Published 24 November 2021 | viewed 1,832 times

Strong pricing for natural gas and the highest oil prices since 2014 are set to continue supporting the recovery in drilling activity in Canada, which…
Barclays Lifts Brent Oil Price Forecast To $80 In 2022

Published 24 November 2021 | viewed 3,921 times

Brent Crude prices are set to average $80 a barrel in 2022, Barclays said on Tuesday, raising its forecast by $3 as it expects slower…
The Oil And Gas Industry Is Facing A $3.3 Trillion Stranded Asset Nightmare

Published 23 November 2021 | viewed 80,326 times

The largest international oil and gas firms wrote down assets worth $150 billion last year when prices crashed with the demand slump in the pandemic.…
India Set To Tap Only 5 Million Barrels From Crude Reserves

Published 23 November 2021 | viewed 1,555 times

India—the world’s third-largest oil importer—plans to sell off 5 million barrels of crude from its strategic petroleum reserve (SPR) within a week, and could release…
Oil Prices Rally After U.S. Announces Strategic Reserve Release

Published 23 November 2021 | viewed 22,443 times

Oil prices erased losses and jumped on Tuesday morning following the announcement from the U.S. Administration that it would make available 50 million barrels of…
Biden Announces 50 Million Barrels SPR Release To Lower Oil Prices

Published 23 November 2021 | viewed 9,797 times

US President Joe Biden announced on Tuesday that the Department of Energy would release 50 million barrels of oil from the Strategic Petroleum Reserve (SPR)…
Prepare For Volatility In Natural Gas Markets

Published 22 November 2021 | viewed 8,484 times

Volatility in U.S. natural gas prices is set to continue in the coming weeks and during the winter, as a number of both bullish and…
Energy Crisis Claims Its Biggest Victim In The UK Yet

Published 22 November 2021 | viewed 12,844 times

The energy crisis and soaring wholesale power and natural gas prices claimed its biggest victim so far in the UK when Bulb, a power and…
Halting Cambo Oilfield Exposes The UK To Energy Shortages

Published 22 November 2021 | viewed 2,001 times

Recent suggestions that the UK should not allow the Cambo oil and gas field development west of Shetland risk exposing the UK to energy shortages…
India May Join Coordinated Strategic Oil Reserves Release

Published 22 November 2021 | viewed 2,867 times

India is ready to join the global efforts of major oil consumers led by the United States to reduce oil prices. The world's third-largest oil…
Goldman Sachs: Oil Price Plunge Is Not Justified By Fundamentals

Published 22 November 2021 | viewed 40,039 times

The recent oil price decline is not justified by fundamentals, Goldman Sachs says, keeping its estimate of Brent averaging $85 per barrel in Q4. The…

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