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Biden administration set to start refilling oil reserve

The Energy Department will start with an initial request for 3 million barrels, asking companies for the barrels to be delivered in February, an official said.
Noha Razek, Brian McQuinn: Sanctions on Russia are increasing, not decreasing, its revenue

Noha Razek, Brian McQuinn: Sanctions on Russia are increasing, not decreasing, its revenue

The impact of oil sanctions on Russia is limited compared to the severe repercussions they have on the global economy and other countries’ abilities to achieve energy security and transition.
Charles Lane: If Biden ran Big Oil, what would he do differently?

Charles Lane: If Biden ran Big Oil, what would he do differently?

Policy cannot simultaneously maximize gas-price affordability, incentives for domestic production and environmental protection.
Why Biden’s oil dump may not help

Why Biden’s oil dump may not help

The release is the third in the past five months and would be by far the largest amount ever injected by the U.S. government into the market, amounting to about 5 percent of daily demand.
Oil price shocks have a long history, but today's situation may be the most complex ever
theconversation.com

Oil price shocks have a long history, but today's situation may be the most complex ever

Price shocks are a feature of the global oil market, not a bug – and even when governments take many steps to grow supply or reduce demand, it can be years before prices ease.
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