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Monday, February 13, 2023

US to Sell 26 Million More Barrels From Strategic Oil Reserve

 The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, with deliveries estimated to happen between April and June.

The non-emergency sale will amount to 26 million barrels of crude, according to people familiar with the matter, and is part the congressionally mandated sale lawmakers approved years ago for the current fiscal year.

https://www.bloomberg.com/news/articles/2023-02-13/us-to-sell-26-million-more-barrels-from-strategic-crude-reserve

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