11 Million Barrels from Strategic Reserves to Offset Iran Sanctions

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?

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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.

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