US will not complete oil deliveries into its reserve until year-end
ReutersJun 27, 2025 1:40 AM
WASHINGTON, June 26 (Reuters) - The U.S. will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, around six months behind schedule, according to the Department of Energy.
Former President Joe Biden's administration scheduled 15.8 million barrels of deliveries to the SPR from January through May. So far this year only 8.8 million of that has been delivered to the reserve.
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