US To Sell 8 Million Barrels Of Oil From The Strategic Petroleum Reserve

US To Sell 8 Million Barrels Of Oil From The Strategic Petroleum Reserve:

The US will offer to sell some 8 million barrels from the petroleum reserve. According to the notice of sale, the Energy Department is accepting bids on sweet crude oil until 2pm CT Jan. 17. The contracts will then awarded by the end of January, with early deliveries expected in February and other deliveries in March, April.

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