DOE Issues Final 40 Million Barrel SPR Sale to End Active Market Intervention
The U. S. Department of Energy (DOE) has issued a request for proposals for the sale of 40 million barrels of crude oil, marking the final tranche of a broader divestment from the Strategic Petroleum Reserve (SPR). This concluding sale follows a period of high-volume releases, totaling 172 million barrels over the last six months.
The series of releases was designed to inject physical volumes into the market to mitigate price volatility.
ПРОДОЛЖИТЬ ЧТЕНИЕ
The U. S. Department of Energy (DOE) has issued a request for proposals for the sale of 40 million barrels of crude oil, marking the final tranche of a broader divestment from the Strategic Petroleum Reserve (SPR). This concluding sale follows a period of high-volume releases, totaling 172 million barrels over the last six months.
The series of releases was designed to inject physical volumes into the market to mitigate price volatility.
ПРОДОЛЖИТЬ ЧТЕНИЕ