Government, Fuel

US to Buy 3 Million Barrels of Oil for Reserve in August

The U.S. is soliciting bids for up to 3 million barrels of sour crude oil to refill its depleted Strategic Petroleum Reserve in August.

May 16, 2023
Government, Business, Fuel

US Considers New Oil Release From Strategic Reserve

The U.S. is considering another release of oil from its emergency reserves as prices continue to surge after Russia’s invasion of Ukraine, people familiar with the matter said March 25.

March 25, 2022