U.S. Department of Energy

government

Last mentioned: 3d ago

Timeline

  1. Replenishment Review

    Governments will begin assessing timelines to refill depleted strategic reserves.

  2. Peak Market Impact

    Anticipated period where the highest volume of released oil reaches physical markets.

  3. Initial Tranche

    The first phase of oil sales from strategic reserves is expected to begin.

  4. Official Announcement

    Nations announce the coordinated release of 400 million barrels.

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