Published: Dec 19, 2022, 06:37 IST | Updated: Dec 19, 2022, 06:37 IST
The first purchase since this year's record 180 million barrel release from the stockpile, the U.S. Energy Department announced on Friday that it will start purchasing oil for the Strategic Petroleum Reserve (SPR). According to a senior official, the department will purchase up to 3 million barrels for delivery in February.