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US to release more crude from reserves
Washington will tap its Strategic Petroleum Reserve (SPR) ahead of an EU ban on Russian oil The US Department of Energy has announced plans to sell up to 10 million barrels of oil from its Strategic Petroleum Reserve (SPR) for delivery in November, according to a press statement released on Monday. The sale will be of oil with low sulphur content from the SPR's sites in Big Hill, Texas and West Hackberry, Louisiana. Contracts will be awarded no later than October 7. The SPR holds oil in heavily guarded former salt caverns along the Gulf of Mexico coast. The offer extends the timing of the government's plan to sell

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