US Emergency Oil Reserves

Crude Oil
Oil
US Emergency Oil Reserves

White House Begins Plan to Refill US Emergency Oil Reserves

(Bloomberg) — The Biden administration is making good on a plan to replenish the nation’s emergency oil reserves, starting with a 3 million barrel purchase of crude. The purchase of barrels for February delivery follows a historic 180 million barrel release of oil from the US Strategic Petroleum Reserve to tame high gasoline prices amid […]

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