 Home > Chemicals Industry > Petrochemical News > Russian media: The US strategic oil reserve consumes nearly half

Russian media: The US strategic oil reserve consumes nearly half

 Last Update: 2022-10-25
 Source: Internet
 Author: User

Tags

cannabidiol cbd oil

crude oil market

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

According to the Russian Satellite News Agency, on the 19th local time, US President Biden announced the release of another 15 million barrels of crude oil from the Strategic Petroleum Reserve, and pointed out that the current remaining reserves account for more than
half of the total storage capacity.

According to the report, Biden said in a speech at the White House that there are currently more than 400 million barrels
in the US strategic oil reserve.
The total storage capacity of the US Strategic Crude Oil Reserve is about 700 million barrels
.

According to the report, Biden believes that the current reserves are sufficient for such interventions
.
He also said he would replenish reserves
when oil prices fell to around $70.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

petroleum wax

CAS No.: 497-19-8

industry Grade

$980-1080/MT FOB

Best low temerature flow improver for diesel fuel MDFI

CAS No.: 24937-78-8

Chemical Grade

$3900-4200/MT EXW

Wholesale Fully Refined Paraffin Wax 58 60 Paraffin Wax 58-60 for Candle Making

CAS No.: 8002-74-2

Industrial Grade

$850-1100/MT FOB

Hot Tags

jobs united states(236)

united states jobs(223)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

ups united states(221)

announcements today(81)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.