President Joe Biden has directed the Department of Energy to release an additional 10 million barrels of oil from the Strategic Petroleum Reserve (SPR) in November in the wake of OPEC's decision to cut crude oil production by 2 million barrels per day.
This is in addition to 180 million barrels of oil that the Biden administration released since April.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Joji Xavier
For comments and feedback: contact editorial@rttnews.com