October 24, 2022

US strategic oil reserves weekly crude stocks

The US Department of Energy (DOE) announced a sale of up to 15 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) on October 18, 2022 to help address the disruption in market supplies caused by Russia’s large-scale invasion of Ukraine and reduce energy costs. The sale took place on October 19, 2022 for delivery in December 2022. This…

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