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U.S. DOE Offers 17 Million Barrels From Strategic Reserve

By Drooid · Oct 24, 2026, 11:22 PM UTC · How we work

Summary

Story summary

United States offers an extra 17 million barrels of crude from the Strategic Petroleum Reserve.
DOE issued a request for proposals to exchange up to 17 million barrels under a 172 million-barrel pledge.
The SPR holds about 283 million barrels, which a full draw would cut to roughly 266 million barrels.
The American Petroleum Institute reported U.S. crude stocks fell 11.12 million barrels last week after a 2.09 million-barrel decline the week before.

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Story summary

United States offers an extra 17 million barrels of crude from the Strategic Petroleum Reserve.
DOE issued a request for proposals to exchange up to 17 million barrels under a 172 million-barrel pledge.
The SPR holds about 283 million barrels, which a full draw would cut to roughly 266 million barrels.
The American Petroleum Institute reported U.S. crude stocks fell 11.12 million barrels last week after a 2.09 million-barrel decline the week before.