US offers 17 million more barrels from its emergency reserve
The United States put another 17 million barrels of crude from the Strategic Petroleum Reserve on offer as a fuel crisis deepens, even as US drillers held their rig count flat despite soaring prices.
The story so far
- US offers 17 million more barrels from its emergency reserve
- Brent crude climbs to $111.70 as US taps oil reserve
Sources
- OilPrice ↗Oct 16, 2:30 PM ET
- OilPrice ↗Oct 16, 1:29 PM ET
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