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Biden to release 10M more barrels from Strategic Petroleum Reserve in November in wake of OPEC+ cuts

Por: Fox Business Business October 06, 2022

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Rich Edson reports on the impact in Nevada Senate contest President Biden on Wednesday said he would release 10 million more barrels of oil from the U.S.’ Strategic Petroleum Reserve (SPR) in November in a move to counter again.  His decision was announced just hours after the Organization of the Petroleum Exporting Countries (OPEC+) said it would be cut oil production by 2 million barrels a day.The for top producers like Saudi Arabia and... + full article



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