Oil Prices Top $111 As Biden’s SPR Buyback Plan Leaks — Charles Kennedy

Summary:
The Biden Administration will purchase 60 million barrels of crude in Q3.CNN: Delivery of those first 60 million barrels would be paid for with revenue received from sales of emergency oil.The full process for replenishing the SPR will take years.OilpriceOil Prices Top 1 As Biden’s SPR Buyback Plan LeaksCharles Kennedy

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