US awards contracts for 45.2 million barrels of oil from strategic reserve-March 2024-www.financetom.com

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

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

Mar 20, 2026 3:54 PM

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 ( MPC ) and

Shell Trading Co, the Energy Department said in a statement.

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