abce certificate
Tuesday, 14 October, 2008, 16:20 GMT | more prices >>

Energy Department weighs SPR boost



By Upstream staff 

The US Energy Department said today it may add 125,000 barrels of oil per day to the Strategic Petroleum Reserve between May and September.

About 55,000 bpd would come from direct purchases of crude by the department and the remaining 70,000 bpd would come from deliveries of royalty-in-kind oil, a department spokeswoman told Reuters.


Wednesday, 06 February, 2008, 14:52 GMT  | last updated: Wednesday, 06 February, 2008, 14:52 GMT

e-mail this article to a colleague


to email:  from:
comments: