There have been media reports recently that have discussed the disposition of crude oil that is being released from the Strategic Petroleum Reserve (SPR). You may recall that the Biden Administration ordered emergency sales...more
On October 9, the U.S. House of Representatives voted 261-159 to end the 40-year-old ban on the export of domestic crude oil. The bill has been sent to the Senate for consideration, where it is unclear if it will be passed....more
The signing of the JCPOA regarding Iran nuclear sanctions may usher in a new era of major international investment in the Iranian oil and gas industry....more