Amrita Sen of Energy Aspects reports that investors are concerned that the US 

Sure Shot Academy

By neha

october,18,2022

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The forecast follows OPEC+'s earlier this month decision to reduce its output quota by 2 million

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which sparked speculation that the White House could respond with additional SPR releases to lower prices.

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Sen told CNBC on Monday that the government was considering an emergency release of up to 100 million barrel

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The 180 million barrel SPR reduction goal that the Biden administration stated 

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she pointed out that the SPR is created to solve supply shortages in an emergency

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180 million barrels of SPR this year and had also released around 30 million barrels the previous year.

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the SPR is currently "definitely being used to keep prices lower."

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