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2. Strategic Petroleum Reserve (United States) - Wikipedia

   en.wikipedia.org/wiki/Strategic_Petroleum...

   The SPR is an emergency stockpile of petroleum maintained by the U.S. Department of Energy. As of July 2023, the inventory was 346.8 million barrels, the lowest level in 40 years, after several sales and releases due to oil price fluctuations.

3. List of countries by oil production - Wikipedia

   en.wikipedia.org/wiki/List_of_countries_by_oil...

   The United States is the top oil producer in the world, followed by Russia and Saudi Arabia. See the full ranking of countries by oil production in 2023, based on data from the U.S. Energy Information Administration.

4. Petroleum in the United States - Wikipedia

   en.wikipedia.org/wiki/Petroleum_in_the_United_States

   Learn about the history, industry, and production of petroleum in the US, the largest producer of crude oil and natural gas in the world. Find out the top oil fields, companies, and technologies involved in the US oil and gas sector.

5. OPEC+ extends oil output cuts again through November - AOL

   www.aol.com/opec-extends-oil-output-cuts...

   That same month, OPEC+ extended a cut of 1.65 million barrels per day announced in April 2023 until the end of 2025. Oil prices rose initially but settled slightly lower Thursday. West Texas ...

6. EIA report: Permian Basin will produce 6.1 million barrels of ...

   www.aol.com/eia-report-permian-basin-produce...

   The company expected its proven 15 million barrels in reserves combined with the 34 million barrels waiting to be accessed could drive revenues for another 20 years, read the release.

7. Exclusive-US to seek 6 million barrels of oil for reserve ...

   www.aol.com/news/exclusive-us-seek-6-million...

   The Department of Energy has taken advantage of relatively low crude prices that are below the target price of $79.99 per barrel at which it wants to buy back oil after the 2022 SPR sale of 180 ...

8. Global strategic petroleum reserves - Wikipedia

   en.wikipedia.org/wiki/Global_strategic_petroleum...

   Storage capacity was around 55 million barrels as of year-end 2012. The country's largest oil storage facility is located on Jurong Island and can store about 17 million barrels. As of 2013, the Singapore government maintains strategic petroleum reserves of about 32 million barrels of crude oil and 65 million barrels of refined petroleum products.

9. US plans to buy 1.2 million barrels of oil for Strategic ...

   www.aol.com/news/us-buys-1-2-million-005948201.html

   The U.S. plans to buy 1.2 million barrels of oil to help replenish the Strategic Petroleum Reserve after it sold off the largest amount ever last year, the Energy Department said on Monday. The ...