Crude Oil

October 19, 2022

The Biden administration will release additional barrels from the Strategic Petroleum Reserve "if necessary" in addition to the 15 million barrels recently authorized to be sold this December, a Biden senior adviser told CNN on Wednesday.

October 19, 2022

President Biden is under pressure to show he's doing all he can to bring down prices at the pump. He plans to talk Wednesday about how he'll pull more oil from emergency reserves.



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