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40 million barrels SPR release

By Mukesh Sahdev Visit author profile

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Crude oil
Bearish

US DOE - Request for proposals (RFP) to exchange up to 40 million barrels of crude oil from the Strategic Petroleum Reserve (SPR). Bids due 6 Oct 2026. Earlier rounds awarded 133 million barrels. With this release, it would complete the 172 million barrels commitment as part of…

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