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US seeks to buy 6mn barrels for its oil reserve by Jan. At $79. Price can't be serious?

US seeks to buy 6mn barrels for its oil reserve by Jan. At $79. Price can't be serious?
The U.S. Department of Energy is looking to purchase 6 million barrels of crude oil for delivery to the Strategic Petroleum Reserve in December and January.Part of replenishment efforts. Looking to buy the oil at $79 a barrel or lessUp from its earlier preferred range of around $70 a barrelHuh. Who wants to give 'em a call and show 'em where its quoted? Took a bit of compressing but I did manage to get $79 showing on the chart .... August, ah, those were the days! This article w... Read More
Posted: Oct 20 2023, 03:25
Author Name: forexlive
Views: 092126

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