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 less
- Up from its earlier preferred range of around $70 a barrel
Huh.
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!