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U.S. to release 1 million bbl of oil per day from strategic reserve over next 6 months – statement

By:
Reuters
Published: Mar 31, 2022, 15:21 GMT+00:00

WASHINGTON (Reuters) - U.S. President Joe Biden's administration on Thursday announced a plan to release 1 million barrels of oil a day from the strategic petroleum reserve over the next six months, the White House said in a statement.

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

WASHINGTON (Reuters) – U.S. President Joe Biden’s administration on Thursday announced a plan to release 1 million barrels of oil a day from the strategic petroleum reserve over the next six months, the White House said in a statement.

(Reporting By Paul Grant; Editing by Chris Gallagher)

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