Oman: OPEC+ Not Worried About Potential U.S. SPR Release

Oman: OPEC+ Not Worried About Potential U.S. SPR Release

OilPrice.com

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The OPEC+ group is not concerned about a possible release from the U.S. Strategic Petroleum Reserve (SPR), according to Oman's Energy Minister Mohammed Al-Rumhi cited by FXStreet. U.S. President Joe Biden is considering a possible release from the strategic American crude stockpiles as a way to bring down high gasoline prices. No decision has been made yet amid debates within the Administration, but calls for a release from the SPR have become louder in recent days. As of Friday, the Biden Administration was not decided whether the U.S. should…

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