OPR News

U.S. Department of Energy Announces Second Emergency Notice of Sale of Crude Oil From The Strategic Petroleum Reserve to Address Putin’s Energy Price Hike

DOE's Office of Fossil Energy and Carbon Management announced that contracts have been awarded for all 30 million barrels put up for sale from the Strategic Petroleum Reserve.

Today, the U.S. Department of Energy approved a twelfth exchange of 2.7 million barrels of crude oil for release to ExxonMobil from the Strategic Petroleum Reserve.

Today, DOE's Office of Fossil Energy and Carbon Management announced a Notice of Sale of crude oil from the Strategic Petroleum Reserve.

Today, U.S. Secretary of Energy Jennifer M. Granholm released this statement following an emergency meeting of the International Energy Agency (IEA) member countries in response to Russia’s invasion of Ukraine.

Today, the U.S. Department of Energy (DOE) approved seven additional exchanges of 13.4 million barrels of crude oil for release from the Strategic Petroleum Reserve (SPR).

DOE approved a fifth exchange of 400,000 barrels of crude oil for release to Atlantic Trading and Marketing, Inc. from the Strategic Petroleum Reserve.

Today, DOE announced that contracts have been awarded from the recent Congressionally-mandated Strategic Petroleum Reserve crude oil sale.

DOE approved a third exchange of two million barrels of crude oil for release to ExxonMobil from the Strategic Petroleum Reserve.

DOE approved a second exchange of 250,000 barrels of crude oil for release to Marathon Petroleum Company from the Strategic Petroleum Reserve.