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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (1391314)2/14/2023 4:51:36 PM
From: Wharf Rat  Read Replies (2) | Respond to of 1570483
 
Yeah, it's past time to stop withdrawals.

TEXASTEATWO

02/13/2023 at 1:43 pm

From Javier Blas
@JavierBlas

“It increasingly looks like the Biden administration missed the window to buy oil for the SPR. US officials said they wanted to see prices in the $67-$72 range.

WTI is not trading at $72 until January 2025. And the benchmark is not trading below $67 until March 2026 | #OOTT”

FRUGAL

02/14/2023 at 1:34 pm

When the SPR release was announced the SPR held 564 million barrels of oil. Now it’s down to 371 million barrels and with an additional planned release of 26 million barrels will be down to 345 million barrels, the lowest level since 1983. That’s a decrease of 39%. Will the SPR completely disappear?

HOLE IN HEAD

02/14/2023 at 12:51 am

In the meanwhile another 26 millions released from SPR .
bloomberg.com

peakoilbarrel.com