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US Seeks Up to 3m bbl of Crude for SPR

OIL

The US is seeking up to 3 bbl of sour crude for the strategic petroleum reserve, according to a notice by the US Department of Energy.

  • The 3m bbl will be delivered to the Big Hil SPR site between April 1-30 2023
  • Bids are due at 11am CET Jan 10.
  • In addition to new solicitations, the DOE has now purchased nearly 14 million barrels of crude oil to replenish the SPR, according to Patrick De Haan, head of petroleum analysis for Gasbuddy

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