US To Release 10 Mln Barrels From Strategic Petroleum Reserve To Counter OPEC Production Cut
President Joe Biden has directed the Department of Energy to release an additional 10 million barrels of oil from the Strategic Petroleum Reserve (SPR) in November in the wake of OPEC’s decision to cut crude oil production by 2 million barrels per day. This is in addition to 180 million barrels of oil that the Biden administration released since April. […]
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