Tag: SPR Oil

US to sell 10 million barrels of crude reserves in February: Energy Dept

2016 law mandated sale of 24 million barrels of oil in US crude reserves WASHINGTON, Feb 8 (Reuters) – The U.S. Energy Department said on Wednesday it will sell 10 million barrels of oil from the government’s emergency crude reserves in late February. The sale from the Strategic Petroleum Reserve (SPR) was required by a […]