US buys 3 million barrels of oil for strategic reserve

December 27, 2023

Dec 26 (Reuters) – The United States has finalized contracts to purchase three million barrels of oil to help replenish the Strategic

FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo

Petroleum Reserve (SPR) after the largest sale in history last year, the U.S. Department of Energy said on Tuesday.