Biden Administration Mulls Shoring Oil Reserves When Prices Hit Below US$80 Per Barrel

The Biden administration is looking at refilling its strategic petroleum reserves should crude oil prices drop below US$80 a barrel. According to people familiar with the matter who told Bloomberg, the White House officials are mulling over the timing of the purchase to fill back the reserves, which are now at a 38-year low. In … Continue reading Biden Administration Mulls Shoring Oil Reserves When Prices Hit Below US$80 Per Barrel