G7 talks Archives - McKeany-Flavell

Sale of U.S. crude oil from Strategic Petroleum Reserve draws to a close

Sale of U.S. crude oil from Strategic Petroleum Reserve draws to a close

Planned selling of oil from the U.S. Strategic Petroleum Reserve (SPR) is ending this month. Releases of about 1 million barrels per day were weighing on the market, depressing prices. The SPR has been drawn down to under 390 million barrels, the lowest level [...]

By Jeff Rasinski|December 13, 2022|Categories: Energy|Tags: China COVID lockdowns, Freeport LNG facility, G7 talks, natural gas futures, Russian crude oil shipments, SPR, Strategic Petroleum Reserve, U.S. crude oil|0 Comments

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