US to Release 172 Million Barrels from Strategic Petroleum Reserve

【U.S. to Release 172 Million Barrels from Strategic Petroleum Reserve】 Caixin March 12 — U.S. Energy Secretary Chris Wright announced in a statement that starting next week, 172 million barrels of oil will be released from the Strategic Petroleum Reserve. Wright stated that, according to the planned release rate, this process will take approximately 120 days to complete.

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