A little overnight oil news ICYMI, a US Energy Department official told CNN:

  • Biden administration plans to buy 60 million barrels of crude oil (one-third of the 180 million emergency barrels released )
  • first step in what will be a multi-year process aimed at replenishing its emergency oil reserve

Link here for more.

And, later report here with a little more (after the official announcement)

In the wake of the SPR release, from the US and some Asian countries