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The Next Oil Rally Could Be Driven by Stockpile Buying
Countries are now racing to build or replenish strategic petroleum reserves, with the IEA planning to refill the 400 million ...
Strategic oil reserve buying set to support crude demand through 2028
Governments are set to buy millions of barrels of oil through 2028 to rebuild ​emergency reserves depleted by drawdowns to plug a gap in global supply caused by the U.S.-Israeli war on Iran, analysts ...
Feds admit they haven't enacted any policies toward advancing promise to release 23.6 million barrels of oil
The Liberal government has not enacted any policies toward releasing 23.6 million barrels of oil onto the global market, part ...
World absorbs historic Iran war oil supply loss, but depleted stocks bring risks
The world has absorbed with surprising ease the loss of over a billion barrels of oil supply since the Iran war began, but, with long-term peace elusive and buffer reserves now drained, it still faces ...