Is a US SPR oil release imminent? No, say the analysts

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Will we have a release from the RPD?

  • The Strategic Petroleum Reserve (SPR) is an emergency oil storage facility managed by the United States Department of Energy (DOE).

Platts reports the comments of various oil analysts, whose essence is "No"

  • "I do not think that a release is imminent
  • Everything depends on the damage suffered and its duration. "

Oil markets open up early (daily futures). Although I think that no SPR publication is imminent, we have a guy at the White House who attaches great importance to popularity (he's a politician after all), so be at the # Look for potential tweets. You never know with the chief tweeter.

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