US releases crude from Strategic Petroleum Reserve

50 million barrels released but little impact on oil prices

Yes he will: US President Joe Biden has authorised the release of 50 million barrels of crude oil from US Strategic Petroleum Reserve
Yes he will: US President Joe Biden has authorised the release of 50 million barrels of crude oil from US Strategic Petroleum ReservePhoto: AFP/SCANPIX
Published 23 November 2021, 16:16Updated 24 November 2021, 15:59