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Tag: Strategic Petroleum Reserve

Energy, Industry Focus Areas

US Buys 2.8 Million Barrels of Oil for Strategic Reserve

March 28, 2024

Via: Transport Topics

The U.S. purchased 2.8 million barrels of crude for the nation’s emergency oil cache as it seeks to replenish depleted supplies. The Energy Department has been slowly refilling the Strategic Petroleum Reserve after it reached a 40-year-low following the Biden […]