TraderTate + 186 TS August 21, 2018 US about to release 11 million barrels of crude from stockpile as sanctions on Iranian oil exports start off ... So how is this going to affect the numbers and the sentiment on today's anticipated API figures? Quote Share this post Link to post Share on other sites
jaycee + 348 jc August 21, 2018 Not thinking this is really news https://business.financialpost.com/commodities/energy/u-s-to-release-11-million-barrels-of-oil-as-iran-sanctions-kick-in The October sale is part of a regular draw-down schedule to raise money for government programs. The Energy Department will draw crude from three sites that are part of the Strategic Petroleum Reserve: Bryan Mound and Big Hill in Texas, and West Hackberry in Louisiana. 1 Quote Share this post Link to post Share on other sites