Strategic petroleum reserve

A strategic petroleum reserve is oil a government stores for emergencies; the US holds the largest. A coordinated release adds supply the market did not plan for, which is how one government switched supply off and a group switched it back on in one week. Storage as the shock absorber.

Go on

On MochatradeSee what you can trade on Mochatrade
  • IEAThe IEA is the International Energy Agency, the Paris-based watchdog for oil-buying countries. Its monthly report…
  • Crude oil (WTI vs Brent)Crude oil trades as two benchmarks: WTI at the Cushing pipeline hub on NYMEX, and Brent at sea on ICE, which prices…
  • Contango and backwardationContango is later futures months priced above nearer ones, the normal state when storage costs money; backwardation is…
  • Oil risk premiumThe oil risk premium is the part of the oil price that pays for the chance the next barrel does not arrive, not for…
  • FOMC minutesThe FOMC minutes are the written record of a Fed meeting, released three weeks after the decision at 11:30 PM IST…
  • Earnings beat and missA beat is results above the consensus estimate; a miss is below. Most large US companies beat most quarters because…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

Where it comes up