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CommodityOilPrice.com

U.S. Offers Another 17 Million SPR Barrels as Fuel Crisis Deepens

The United States is putting another 17 million barrels of crude from the Strategic Petroleum Reserve on offer, one day after the IEA accelerated emergency stock releases as governments scramble to get more oil and fuel into a tight market. The Department of Energy issued a request for proposals Friday for an exchange of up to 17 million barrels, part of the 172 million barrels Washington…

ForexForexLive

US fiscal 2026 budget deficit was the largest in five years

September 2025 was a $198B surplus Outlays $585B vs $346B a year ago Receipts $558B vs $544B a year ago FY2026 deficit $1.992 trillion vs $1.775T in FY2025, the largest in five years FY2026 gross interest on the debt: record $1.36T, up $144B (12%) Interest is now the main driver of the deficit. The $144B rise in interest costs accounts for about two-thirds of the $217B increase in the full-year…

CommodityOilPrice.com

Wind Farm Approved in Victoria, Australia Would Be Largest in Southern Hemispher

A massive wind farm in the state of Victoria, Australia, has been approved by state authorities, paving the way for the project to go to the federal environment minister for final checks. ABC News reports Planning Minister Sonya Kilkenny this week signed off on the Warracknabeal Energy Park, five months after its environmental impact report was approved. WestWind Energy plans to build 219…

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