Department Of Energy Says It’s Preparing For SPR Purchases—Next Year ...Middle East

The U.S. Department of Energy says it would like to start purchasing crude oil to at least partially refill the Strategic Petroleum Reserve—but the government is “not the fastest at things,” Christopher Roark, senior crude oil marketing analyst at the U.S. DOE said at a Crude Oil Quality Association meeting. Roark said the government would like to start buying oil “within the next year, depending on the opportunity.” This will come only after the United States has finished selling the 26 million barrels of crude oil…

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