Free Trial

SPR, Will They Or Won't They?


Continued focus on the U.S. ability to release holdings from its SPR facility continue to draw focus, applying some modest pressure to WTI & Brent futures early this week, with both metrics running ~$0.70 below Friday settlement levels at typing. The Biden administration has noted that the SPR is one of several tools that it has at its disposal, but higher gas prices have started to weigh on the President's approval rating.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.