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3 days ago · The U.S. has bought 6 million barrels of oil for the Strategic Petroleum Reserve for delivery through May 2025, the Department of Energy said on Monday.
3 days ago · To date, DOE has directly purchased over 56 million barrels of oil for the SPR at an average price of about $76 per barrel, it said. “This is nearly $20 per barrel lower than the $95 average ...
3 days ago · The U.S. Department of Energy has purchased 6 million barrels of oil for the Strategic Petroleum Reserve. The oil, sourced from Exxon Mobil, Shell Trading, and Macquarie Commodities, will be delivered monthly to the Bayou Choctaw site starting in February 2025.
Sep 18, 2024 · To date, DOE has directly purchased over 50 million barrels of oil for the SPR at an average price of about $76 per barrel. This is nearly $20 per barrel lower than the $95 average sales price for 2022’s emergency sales, meeting the Administration’s commitment to secure a good deal for taxpayers.
3 days ago · The US Department of Energy announced on Monday that it has secured 6 million barrels of oil for the Strategic Petroleum Reserve (SPR), with deliveries scheduled through May 2025.
3 days ago · Recent legislation has directed the sale of more than 100 million barrels of oil from the U.S. Strategic Petroleum Reserve (SPR) in U.S. government fiscal years (FY) 2022 through 2027.
Sep 18, 2024 · The U.S. is seeking to buy up to 6 million barrels of oil to help replenish the Strategic Petroleum Reserve after a historic sale from the facility in 2022, the Energy Department said on...
