US Energy Department offers up to 40 million barrels from Strategic Petroleum Reserve, bids due Oct. 6

The US Energy Department offered up to 40 million barrels of crude from the Strategic Petroleum Reserve, with bids due Oct. 6 — the final tranche of the roughly 172 million barrels announced in March. The SPR holds 283.8 million barrels, its lowest since 1983 and about 31 million above the congressional minimum of 252.4 million.

Detected & updated continuously · Source: Nebula