US authorizes emergency release of up to 400,000 oil barrels from strategic reserve

USO•2026-10-23

The US Department of Energy authorized an emergency exchange of up to 400,000 barrels of crude from the Strategic Petroleum Reserve to address a supply disruption affecting Phillips 66's Lake Charles refinery in Louisiana.

US authorizes emergency release of up to 400,000 oil barrels from strategic reserve

1. Emergency oil exchange

Related News

Capital Group raises British American Tobacco voting rights to 18.02% from 17.93%

Equinor extends contracts for two Havila Shipping vessels by one year

Nasdaq halts RPGL trading for volatility at 10:06 a.m.

China calls on oil, gas firms to boost output, build strategic supply bases

Meta to delay new commercial terms criticised by publishers, advertisers