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U.S. To Release Oil From Strategic Reserve

U.S. To Release Oil From Strategic Reserve

NEW YORK (CNNMoney) — The U.S. Department of Energy said it will release 30 million barrels of oil from the Strategic National Reserve to alleviate Libyan oil supply disruptions, adding more pressure to already-plummeting oil prices. Local News 8 reports that the U.S. release is half of the 60 million barrel supply hike announced Thursday [...]

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