Oil Prices Top $111 As Biden's SPR Buyback Plan Leaks - OilPrice.com

The Biden Administration will purchase 60 million barrels of crude in Q3 in an effort to replace volumes in the U.S. strategic petroleum for the first time in nearly 20 years

Supported by outages in Libya… Crude oil prices are set… As Shanghai prepares to reopen… By Charles Kennedy - May 05, 2022, 10:54 AM CDTThe Biden Administration will purchase 60 million barrels of… [+1819 chars]

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