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Live Updates  >  Live Update Details

2026-09-18 18:00:10

[The US May Release Strategic Petroleum Reserves Again to Address Oil Price and Futures Discount] ⑴ The US Energy Secretary stated that another round of crude oil lending from the Strategic Petroleum Reserve is a very real possibility. ⑵ Rising oil prices and a deep futures discount have increased market demand for crude oil. ⑶ The Department of Energy has already lent out more than 130 million barrels of the approximately 172 million barrels authorized for release in March, leaving approximately 38.5 million barrels available. ⑷ Market focus is on the pace of subsequent releases and their potential impact on oil prices and the term structure.

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