US awards contracts for 45.2 million barrels of oil from strategic reserve

ReutersMar 20, 2026 10:29 PM

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March 20 (Reuters) - The U.S. Energy Department said it had awarded contracts to loan 45.2 million barrels of oil from the Strategic Petroleum Reserve(SPR) as of Friday.

Companies that have been awarded the SPR contracts include BP Products North America, Gunvor USA, Marathon Petroleum and Shell Trading Co, the Energy Department said in a statement.

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