US to Loan 53.3 Million Barrels of Oil From Strategic Petroleum Reserve

By Timothy Gardner May 11 (Reuters) – The ​Trump administration said on Monday it will loan energy companies 53.3 million barrels ‌of crude from the U.S. Strategic Petroleum Reserve as part of a global agreement to calm oil markets that have spiked on the U.S.-Israeli war with Iran. Nine companies, including Exxon Mobil (XOM.N), Trafigura, … Read more