Sunday, May 3, 2026
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Tag: oil reserves

Japan begins unilateral oil reserve release amid Iran crisis

Japan began releasing oil from its reserves Monday to alleviate supply concerns that have grown amid the U.S.-Israel war with Iran and stabilize the...

Oil tops $100 as Iran attacks offset IEA stockpile release

Hong Kong, China—Oil soared above $100 and stocks sank Thursday as Iran's fresh attempts to hit supplies in the Middle East and threats to bring...

Thailand, Vietnam push remote work or work from home to conserve energy

BANGKOK—Thailand and Vietnam encouraged public employees on Tuesday to work from home and take up other energy-saving measures as the Middle East war disrupted...

PH has enough oil reserves for 60 days, Marcos assures public

President Ferdinand Marcos Jr. on Tuesday assured the public that the Philippines has enough oil reserves to cushion the impact of global price volatility...

US bares plan to release oil from reserves

WASHINGTON, United States—President Joe Biden will announce Wednesday he’s putting the final 15 million barrels on the market from a record release of US...

US oil reserves

The US initiative to tap its oil reserves to ease the global supply crisis is a welcome move. But whether it will make a...

Saudis warm to solar as Opec producer aims to help exports

By Anthony DiPaola The nation most identified with its massive oil reserves is turning to wind and solar to generate power at home and help...
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