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US Department of Energy rejects initial bids to resupply oil stockpile
US Department of Energy rejects initial bids to resupply oil stockpile

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​ The DOE last month had said it would purchase up to 3 million barrels for delivery to the Strategic Petroleum Reserve in February, the first buy since last year’s record 180-million-barrel release to tame U.S. pump prices. “Following review of the initial submission, DOE will not be making any award selections for the February delivery window,” the spokesperson said in an emailed statement. Read More 

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