US Makes Relatively Small Strategic Oil Reserve Draw While Planning More Releases

US Makes Relatively Small Strategic Oil Reserve Draw While Planning More Releases

WASHINGTON (Sputnik) – The United States drew down a relatively-small 3.6 million barrels from its Strategic Petroleum Reserve (SPR) last week, the Energy Information Administration said on Wednesday amid media reports that the Biden administration is to announce new releases to keep fuel prices low ahead of the November elections.

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