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US seems to be to purchase 3mn barrels of oil for its strategic reserve

United States Division of Vitality (DOE) announcement that the U.S. seeks to purchase about 3 million barrels of oil for Strategic Petroleum Reserve for supply in September and August.

3mn barrels will likely be sufficient to provide the US for about an hour or so.

extra to return

This text was written by Eamonn Sheridan at www.forexlive.com.

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