ProductionOil prices drop over Biden's unprecedented Strategic Petroleum Reserve releaseOpec holds firm on 432,000 barrel per day production increaseMajor withdrawal: The Biden administration will release 180 million barrels of oil from the US Strategic Petroleum Reserve. Shown here is the Bryan Mound storage facility in Brazoria County, Texas, one of four SPR sites in the USPhoto: US DEPARTMENT OF ENERGYMark PasswatersHouston