HomeOil and GasU.S. to Buy 4.5 Million Barrels of Oil to Replenish Strategic Petroleum...

U.S. to Buy 4.5 Million Barrels of Oil to Replenish Strategic Petroleum Reserve

July 12, 2024

149

The U.S. Energy Department said on Wednesday it is offering to buy up to 4.5 million barrels of oil to help replenish the Strategic Petroleum Reserve, though oil prices are now higher than the target price it wants to make such purchases.

Tags
OIL
oil and gas

Engie, Macquarie to Partner on 434-Mile Gas Pipeline Expansion in Mexico

Marathon Oil Faces Record $241 Million Fine for North Dakota Air Pollution Violations

Energy Jobline https://news.energyjobline.com

Most Popular

U.S. to Buy 4.5 Million Barrels of Oil to Replenish Strategic Petroleum Reserve

Related

Pipeline Rivalry Heats Up in North Carolina as Transco, MVP Compete for Market Share

Turkey Secures 15 Bcm LNG in New Deals to Diversify Gas Supply

New Era JV Taps Mawgan Capital to Power West Texas AI Data Center with Low-Carbon Gas

Most Popular

BMW Is Building A Long-Wheelbase iX3 In China

‘The Second Generation Plug In-Hybrid’: Why Volvo’s Future PHEVs Will Feel A Lot More Like EVs

What Every EV Driver Should Know Before A Major Winter Storm Hits

The Clever Way Volvo Solved The Biggest Issue With Electric Door Handles

Recent Comments

ABOUT US

FOLLOW US