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Crude Oil June 27, 2025 12:20:36 AM

US Will Not Complete Oil Deliveries Into its Reserve Until Year-End

Anil
Mathews
OilMonster Author
Former President Joe Biden's administration scheduled 15.8 million barrels of deliveries to the SPR from January through May.
US Will Not Complete Oil Deliveries Into its Reserve Until Year-End

SEATTLE (Oil Monster): 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.

 Courtesy: www.reuters.com


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