US Invites Oil Companies To Borrow 17m Barrels From Emergency Reserve As Brent Hits $110
By Joy OnuorahNigeria
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The United States Department of Energy issued a request for proposals on Friday, October 16, inviting energy companies to borrow up to 17 million barrels of crude from its Strategic Petroleum Reserve as global benchmark Brent crude touched $110 a barrel.
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US Invites Oil Companies To Borrow 17m Barrels From Emergency Reserve As Brent Hits $110
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About this article
- Length
- 65 words · 1 min read
- Published
- October 16, 2026
- Byline
- Joy Onuorah
- Source
- THEWILL NEWS