Last year, the Biden administration conducted the largest ever sale from the Strategic Petroleum Reserve (SPR) to the tune of 180 million barrels, in a bid to stabilize soaring oil prices in the aftermath of Russia's invasion of Ukraine. The administration set a target to start refilling the reserve once oil prices dropped to $70 per barrel but later the department announced that it hopes to sign purchase contracts for the oil at $79 a barrel.
But with WTI trading in the low to mid-80s with prospects for another oil price rally…The Problem With Refilling The Strategic Petroleum Reserve
Понравилась статья? Подпишитесь на канал, чтобы быть в курсе самых интересных материалов
Подписаться