Post Tagged with: "release"

Source: Oil Price

President Biden is planning to release more oil from the SPR

Oil Price


The Biden administration is planning to release another 10 to 15 million barrels of crude from the strategic petroleum reserve, Bloomberg reported today, citing unnamed sources in the know. This release would be the latest in the government’s …

Source: World Oil

Biden to release 10 million reserve oil barrels ahead of EU’s Russian ban

World Oil


(Bloomberg) — The Department of Energy will offer additional U.S. reserve crude for sale ahead of plans by the European Union to ban most Russian oil in December.

 

The agency will offer 10 million barrels of low-sulfur …