US awards contracts for 45.2 million barrels of oil from strategic reserve

Marathon Petroleum Corporation +1.96%
Shell Plc Sponsored ADR +0.77%
BP PLC Sponsored ADR +0.56%

Marathon Petroleum Corporation

MPC

226.98

+1.96%

Shell Plc Sponsored ADR

SHEL

92.92

+0.77%

BP PLC Sponsored ADR

BP

46.70

+0.56%

March 20 (Reuters) - The U.S. Energy Department said it had awarded contracts to loan 45.2 million barrels of oil from the Strategic Petroleum Reserve(SPR) as of Friday.

Companies that have been awarded the SPR contracts include BP Products North America, Gunvor USA, Marathon Petroleum and Shell Trading Co, the Energy Department said in a statement.


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.