Reuters citing an unnamed source:
US administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reservewill announce the solicitation as soon as Wednesday to buy oil for delivery to the Bayou Choctaw site in Louisianafor delivery in the first few months of 2025 Department of Energy target price is $79.99 per barrel, oil is currently trading below this
This article was written by Eamonn Sheridan at www.forexlive.com.
