The Strategic Petroleum Reserve in Freeport, Texas. The Biden administration released oil from the reserve in an effort to cut fuel costs that are adding to the worst bout of inflation in the US for nearly 40 years. Reuters
The Strategic Petroleum Reserve in Freeport, Texas. The Biden administration released oil from the reserve in an effort to cut fuel costs that are adding to the worst bout of inflation in the US for nShow more

Business

Energy

Why trading houses are set to take advantage of US strategic oil reserve release

Gasoline has risen to the highest level since 2014 as crude prices rose by 55 per cent last year

Bloomberg

January 29, 2022

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