Your gateway to a free society
Article
IEA Delivers No SPR Action After Extraordinary Meeting As Crude Jawboning Mania Enters Day Two
IEA Delivers No SPR Action After Extraordinary Meeting As Crude Jawboning Mania Enters Day Two
Update (1514ET):
For a second straight day, G-7 leaders attempted to push crude prices lower with headlines about an "emergency meeting" to discuss a possible Strategic Petroleum Reserve (SPR) release aimed at containing Brent and WTI crude prices. However, by late afternoon in New York, the Financial Times reported that the International Energy Agency (IEA) had concluded the meeting without reaching a decision on a coordinated release of crude stockpiles.
Today's slide in Brent and WTI was...
aboutLiberty Portal
Liberty Portal is your gateway for free markets and free thinking. We aggregate open-sourced content to promote and popularize important people and lessons within the liberty movement.
suggested
Sep 22, 2026 / Tyler Durden
Wholesale Gas Prices Are Reaching Consumers Faster, ECB Says
Wholesale Gas Prices Are Reaching Consumers Faster, ECB Says
By Michael Kern of OilPrice.com
The surge in wholesale natural gas prices is set to pass through the retail and electricity inflation in the Eurozone faster than in the past, the European Central Bank (ECB) said in its Economic Bulletin on Monday.
While the pass-through is faster and can manifest in the inflation numbers within one to three months for most Eurozone members, the pressure on electricity prices has been lower so far in 2026 compared to 2022, partly due to the higher...
Read more
Aug 28, 2026 / Tyler Durden
Caracas Mulls OPEC Exit As Trump Closes In On "Massive" Deal For Venezuela's Oil Fields
Caracas Mulls OPEC Exit As Trump Closes In On "Massive" Deal For Venezuela's Oil Fields
Summary:
Caracas Mulls OPEC Exit
U.S. is Nears Deal For 17 Venezuelan Oil Fields under 100-year Leases Operated by U.S. oil companies
Trump Close To 'Massive' Deal For Seizing Stake In Venezuela's Vast Oil Fields
Focus on the Strait of Hormuz is shifting to South America late in the week as the Trump administration moves to secure new long-term crude supplies in Venezuela. The U.S. is nearing an agreement that could place 17 Venezuelan oil fields under 100-year...
Read more
Jun 8, 2026 / Kyle Anzalone
Trump Claims Israel and Iran Want a Ceasefire
After an exchange of missile fire, President Donald Trump claimed Israel and Iran were now moving towards peace. “Both sides, Israel and Iran, are looking to do an immediate CEASEFIRE!” the President wrote on Truth Social Monday. “Final negotiations on “Peace” are proceeding, subject to ignorance or stupidity getting in its way.” Trump’s assertion that […]
Read more
support
If you like what we do and want to support us, then you are a fine humanitarian. Click the link below to find out more.
Support the liberty movement
Want to get in touch?