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US may lend more Strategic Petroleum Reserve oil as prices reach $101

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  • Energy Secretary Chris Wright said the US could lend more Strategic Petroleum Reserve crude.
  • WTI traded near $101 per barrel, about 25% above six-month delivery prices.
  • The Energy Department has lent over 130 million barrels under the 172-million-barrel drawdown.
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US may lend more Strategic Petroleum Reserve oil as prices reach $101 - CoinPost Terminal