White House consults experts as it mulls tapping oil reserve


WASHINGTON (Reuters) - Obama administration officials met with a handful of oil market experts on Thursday as the White House considers the merits of another release of emergency oil reserves - potentially one much larger than the last.

The meeting, originally scheduled for August but delayed by summer vacations, did not centre entirely on the Strategic Petroleum Reserve (SPR), according to non-government sources who attended the meeting.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

At least five migrants died during attempt to cross English Channel - La Voix du Nord
Tesla layoffs draw suit claiming not enough warning for workers
Truce crumbles in Sudanese army's last Darfur holdout
Report urges fixes to online child exploitation CyberTipline before AI makes it worse
Indonesia's biggest party confirms President Jokowi no longer a member after backing Prabowo
South Korea, Romania pledge defence cooperation amid reports of contract in works
Ukraine launches military charm offensive as conscription flags
Your brain waves are up for sale. A new law wants to change that.
Russian drone attack injures nine in Ukraine's Odesa, officials say
In Brazil, hopes to use AI to save wildlife from roadkill fate

Others Also Read