News wire — The U.S. Department of Energy said on Thursday it approved a second exchange of 250,000 barrels of crude oil for release to Marathon Petroleum Company from the Strategic Petroleum Reserve (SPR).
The department has provided over 5 million barrels of SPR crude oil to boost the nation’s fuel supply, including the first exchange awarded to ExxonMobil earlier in the month, the Energy Department said in a statement.
- Reuters (Reporting by Kanishka Singh in Bengaluru)
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