US oil supplies. U.S. President Joe Biden announced Thursday that 1 million barrels of oil per day will be released from the country’s reserves to help reduce gas prices, which increased following Russia’s invasion of Ukraine. In total, 180 million barrels of oil will be released over six months. Ukraine developments. Russia said a fire […]
Daily Memo: US to Release Oil Reserves
The move comes as oil prices rise and countries seek alternate suppliers.
