News

US To Release 1 million BBL Of Oil Per Day From Strategic Reserve Over Next 6 Months – Statement

oil

U.S. President Joe Biden’s administration on Thursday announced a plan to release 1 million barrels of oil a day from the strategic petroleum reserve over the next six months, the White House said in a statement.

(Reporting By Paul Grant; Editing by Chris Gallagher)

Paul Grant
Related News
Related sized article featured image

Ministers also said up to £544 million in ‘clean energy bonus’ funding would back wind developers prioritising investment in deprived communities.

Emily Beament
Related sized article featured image

The group said it had so far stripped out £185 million of costs as part of its plans to save £250 million a year by the end of 2025.

Holly Williams