Strategic Petroleum Reserve.
Petroleum company in India
- Reports this week
- 2
- Active events
- 0
- Connections
- 49
What's happening
Earlier this month
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The Department of Energy reported on Strategic Petroleum Reserve levels amid global oil price volatility and geopolitical tensions.Well supported8 reports
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The oil industry along the Gulf Coast, spanning Texas and Louisiana, is being discussed in the context of strategic oil reserves and coordination with the International Energy Agency.Well supported4 reports5 developments inside
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US drains Strategic Petroleum Reserves to cope with global energy shock caused by conflicts in Iran and Ukraine.Well supported5 reports
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The Strategic Petroleum Reserve crude is being released and received by ExxonMobil's refinery, announced by the Department of Energy.Well supported7 reports
One to three months ago
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Companies must return crude to the Strategic Petroleum Reserve, coinciding with US and Israel strikes on Iran.Some support2 reports
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API data differs from EIA official figures, which excludes government SPR reporting, according to Reuters.Some support1 report
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The administration is using the Strategic Petroleum Reserve (SPR) to counteract rising energy prices driven by the ongoing conflict.Well supported5 reports1 development inside
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Geopolitical tensions are causing disruptions in the Strait of Hormuz, leading to oil price surges and impacting global commodity markets.Well supported7 reports2 developments inside
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Oil flows to U.S. reserves via government demand, alongside plans to invest $7 billion in Venezuelan oil production.Some support2 reports
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President Trump links the Iran conflict to energy cost reduction while the Strategic Petroleum Reserve falls, prompting administration planning.Some support1 report
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A coordinated international release of oil reserves is underway, aimed at supporting global oil supplies amidst heightened geopolitical tensions and oil tanker attacks.Some support4 reports
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Trump's potential military pressure on Iran, coupled with expert warnings, is driving oil price volatility.Some support2 reports
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Scott Bessent's actions are tied to the performance and management of the Strategic Petroleum Reserve.Some support1 report
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US military action and threats against an Islamic Republic in the Hormuz Strait cause market disruption.Well supported8 reports4 developments inside
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Trump announced plans to use Venezuelan oil to replenish the Strategic Petroleum Reserve.Well supported21 reports
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DOE data showed the Strategic Petroleum Reserve dropped to its lowest level, while a separate tanker strike off the coast of Oman caused supply disruption.Some support3 reports
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BEA reports on US GDP, while renewed Middle East hostilities introduce oil price shocks and Strategic Petroleum Reserve reduction weighs on federal expenditures.Well supported3 reports2 developments inside
Gone quiet
No new reports in 90+ days-
Fed decision followed GDP report release, and reports noted Strategic Petroleum Reserve sales were affecting government outlays.Some support2 reports
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CBO projections track the operational status of the Strategic Petroleum Reserve as war costs accelerate its depletion.Some support1 report
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Oil futures are declining amid ongoing talks, while data center growth increases carbon emissions, and Canada explores energy export potential.Some support1 report
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China's import decline affects global inventories, and reservoir restoration for the Strategic Petroleum Reserve is proving remarkably difficult.Some support1 report
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Goldman Sachs and Morgan Stanley provide expert commentary on market trends, noting how Iran's actions affect global oil flows and market surplus.Some support3 reports
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The Strategic Petroleum Reserve is helping to ease the pain caused by sudden price jumps in the oil market.Some support11 reports
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Oil prices are being influenced by reserve levels and market recovery, with pricing data available for the region.Some support1 report
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The Trump administration is utilizing the Strategic Petroleum Reserve to ease economic impacts stemming from the war with Iran and shifts in global oil markets due to China's exports.Some support1 report
No events began in the chosen period. Widen it, or reset.
What's reaching Strategic Petroleum Reserve
Events traced to Strategic Petroleum Reserve, step by step, newest first- Pause in Iran attacks may stabilize oil prices for Strategic Petroleum ReserveReduced conflict risk may stabilize oil prices for Strategic Petroleum ReservePossible
- Strait of Hormuz tensions may drive up Strategic Petroleum Reserve useSupply disruptions in the Strait of Hormuz may increase the Strategic Petroleum Reserve's utilization.Possible
- High crude prices may prompt Strategic Petroleum Reserve actionStrategic Petroleum Reserve may utilize reserves amid high crude price volatilityPossible
- Global energy shifts may change Strategic Petroleum Reserve's roleGlobal energy mix shifts may alter the operational role of the Strategic Petroleum ReservePossible
- Oil market volatility may force Strategic Petroleum Reserve actionStrategic Petroleum Reserve may be compelled to release reserves amid soaring oil pricesPossible
Around Strategic Petroleum Reserve this week
News at the entities that move Strategic Petroleum Reserve most-
Department of Energy StructuralDepartment of Energy provided funding to the University of Alaska Fairbanks.Moves Strategic Petroleum Reserve
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Donald Trump StructuralSeveral senators, including Alsobrooks, Warnock, and Luján, opposed Trump's Medicaid rules on November 10.Moves Strategic Petroleum Reserve
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International Energy Agency OperationalIEA data confirmed a steady decline in CO emissions, noting that New Zealand cut emissions while growing its economy.Moves Strategic Petroleum Reserve
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American StructuralU.S. troops conducted joint military drills near Bogotá, Colombia, as part of defining economic supremacy goals.Moves Strategic Petroleum Reserve
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Washington StructuralImmigrants are considering moving from Washington to Seoul.Moves Strategic Petroleum Reserve
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Joe Biden StructuralJoe Biden visited Trinity College Dublin on November 1, 2026.Moves Strategic Petroleum Reserve
Connections
The 34 strongest of 49, analyzed from the reporting. The bars show how strongly a change on one side reaches the other.-
Department of Energy Structural
The Department of Energy manages, authorizes, and reports on the inventory and releases of the Strategic Petroleum Reserve.
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Brent Operational
The SPR actively stabilizes oil prices and mitigates volatility, while market price fluctuations dictate its utilization.
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ExxonMobil Structural
ExxonMobil obtains crude oil from the Strategic Petroleum Reserve, which functions as a formal supply mechanism.
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Washington Structural
The strategic petroleum reserve operates under the policy goals and oversight of the U.S. government, which seeks to rebuild crude oil stocks.
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Donald Trump Structural
Donald Trump uses his executive authority to manage and direct the Strategic Petroleum Reserve's usage and replenishment.
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Joe Biden Structural
Biden used executive authority to approve specific sales and releases from the Strategic Petroleum Reserve.
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Hormuz Operational
The operational draw and function of the Strategic Petroleum Reserve are critically dependent on the conditions and draws within the Hormuz Strait.
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Oman Shared context
The Strategic Petroleum Reserve operates within the global oil market, which is highly sensitive to geopolitical events and supply chain stability in the Gulf region, including Oman.
Show all 34 connections
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Venezuela Transactional
Venezuela supplies crude oil to the Strategic Petroleum Reserve for replenishment.
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International Energy Agency Operational
The IEA coordinates and monitors the Strategic Petroleum Reserve's releases to maintain global oil market stability.
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FED Operational
FED policy actively affects the management and market impact of the Strategic Petroleum Reserve, which the FED also monitors.
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Bureau of Economic Analysis Operational
SPR sales and reserve reductions directly impact government consumption expenditures tracked by the BEA.
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Premium Operational
Decline in the Strategic Petroleum Reserve drives increases in the price of Premium fuel.
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Energy Information Administration Structural
The Energy Information Administration monitors the operational status and activities of the Strategic Petroleum Reserve.
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Scott Bessent Structural
Bessent's professional focus and actions are demonstrably linked to the operational performance and status of the Strategic Petroleum Reserve.
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CNN Mentioned together
SPR provides federal drawdown data that CNN reports and disseminates to the public.
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Oil and Natural Gas Corporation Operational
ONGC approved the capacity expansion of the Strategic Petroleum Reserve.
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American Structural
The Strategic Petroleum Reserve functions as a national asset utilized by the US to mitigate energy shocks.
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Middle East Shared context
The Strategic Petroleum Reserve's operations are influenced by the geopolitical risks and market volatility originating from the Middle East.
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Api Operational
API's data reporting and estimates on crude stock movements explicitly exclude data provided by the Strategic Petroleum Reserve.
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National Taxpayers Union Foundation Operational
The Foundation actively advocates for policy changes that influence the operational status of the Strategic Petroleum Reserve.
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Louisiana Shared context
The Strategic Petroleum Reserve facilities are physically located within Louisiana, where they store and supply crude oil.
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Congressional Budget Office Mentioned together
CBO models are cited as tracking the operational status and usage levels of the Strategic Petroleum Reserve.
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Cushing Mentioned together
The entities are linked by shared market indicators suggesting operational stress.
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Jim Cramer Mentioned together
Jim Cramer discusses the Strategic Petroleum Reserve in the context of oil reserves decline during a war.
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Reuters Operational
Reuters reports on the reserve levels and projections of the Strategic Petroleum Reserve.
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Christopher Phelan Mentioned together
The two entities were discussed together regarding the operational limits of the Strategic Petroleum Reserve in managing price inflation.
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Texas Shared context
The Strategic Petroleum Reserve facilities are physically located within the state of Texas.
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worldwide Shared context
Global inventory drawdown conditions influence the operational status of the Strategic Petroleum Reserve.
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GasBuddy Mentioned together
GasBuddy referenced the decline status of the Strategic Petroleum Reserve in a public statement.
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state Transactional
The Strategic Petroleum Reserve is expected to receive oil from Venezuela to replenish its reserves.
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Florida Shared context
The Strategic Petroleum Reserve authorized a crude oil exchange via the Energy Department.
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Washington Mentioned together
No direct evidence linking the Strategic Petroleum Reserve and Washington was found in the provided timeline.
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Alaska Mentioned together
No direct relationship between the Strategic Petroleum Reserve and Alaska was observed in the provided evidence.
History
Events by the month they beganOctober 2026
3 events- US drains Strategic Petroleum Reserves to cope with global energy shock caused by conflicts in Iran and Ukraine.
- Companies must return crude to the Strategic Petroleum Reserve, coinciding with US and Israel strikes on Iran.
- API data differs from EIA official figures, which excludes government SPR reporting, according to Reuters.
September 2026
6 events- Oil flows to U.S. reserves via government demand, alongside plans to invest $7 billion in Venezuelan oil production.
- President Trump links the Iran conflict to energy cost reduction while the Strategic Petroleum Reserve falls, prompting administration planning.
- A coordinated international release of oil reserves is underway, aimed at supporting global oil supplies amidst heightened geopolitical tensions and oil tanker attacks.
- Trump's potential military pressure on Iran, coupled with expert warnings, is driving oil price volatility.
- Scott Bessent's actions are tied to the performance and management of the Strategic Petroleum Reserve.
- DOE data showed the Strategic Petroleum Reserve dropped to its lowest level, while a separate tanker strike off the coast of Oman caused supply disruption.
August 2026
3 events- Geopolitical tensions are causing disruptions in the Strait of Hormuz, leading to oil price surges and impacting global commodity markets.
- Trump announced plans to use Venezuelan oil to replenish the Strategic Petroleum Reserve.
- Fed decision followed GDP report release, and reports noted Strategic Petroleum Reserve sales were affecting government outlays.
Show 2 earlier months
July 2026
5 events- BEA reports on US GDP, while renewed Middle East hostilities introduce oil price shocks and Strategic Petroleum Reserve reduction weighs on federal expenditures.
- CBO projections track the operational status of the Strategic Petroleum Reserve as war costs accelerate its depletion.
- Oil futures are declining amid ongoing talks, while data center growth increases carbon emissions, and Canada explores energy export potential.
- China's import decline affects global inventories, and reservoir restoration for the Strategic Petroleum Reserve is proving remarkably difficult.
- Goldman Sachs and Morgan Stanley provide expert commentary on market trends, noting how Iran's actions affect global oil flows and market surplus.
June 2026
8 events- The Department of Energy reported on Strategic Petroleum Reserve levels amid global oil price volatility and geopolitical tensions.
- The oil industry along the Gulf Coast, spanning Texas and Louisiana, is being discussed in the context of strategic oil reserves and coordination with the International Energy Agency.
- The Strategic Petroleum Reserve crude is being released and received by ExxonMobil's refinery, announced by the Department of Energy.
- The administration is using the Strategic Petroleum Reserve (SPR) to counteract rising energy prices driven by the ongoing conflict.
- US military action and threats against an Islamic Republic in the Hormuz Strait cause market disruption.
- The Strategic Petroleum Reserve is helping to ease the pain caused by sudden price jumps in the oil market.
- Oil prices are being influenced by reserve levels and market recovery, with pricing data available for the region.
- The Trump administration is utilizing the Strategic Petroleum Reserve to ease economic impacts stemming from the war with Iran and shifts in global oil markets due to China's exports.