U.S. secures 200 million barrels of oil for strategic reserve

Petrol

Nov. 8 (UPI) -- The U.S. Department of Energy said Friday that 200 million barrels of oil have been bought and delivered for the strategic oil reserve. The last purchase of 2.4 million barrels will arrive in the spring, putting 20 million more than the 180 barrels sold in 2022 back into the Strategic Petroleum Reserve. Advertisement The final oil purchase is set to be delivered between April 1 and May 31. The average price, according to DOE, was $74.75 per barrel. U.S. Energy Secretary Jennifer

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U.S. secures 200 million barrels of oil for strategic reserve https://www.upi.com - 08.11.2024 23:21

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U.S. secures 200 million barrels of oil for strategic reserve https://www.upi.com - 08.11.2024 23:21