US DOE buys 3 mil barrels of crude to refill SPR; issues notice to buy another 3 mil barrels

The US Department of Energy June 9 said it has awarded contracts to purchase 3 million barrels of crude from five companies to begin refilling the Strategic Petroleum Reserve. “A total of 10 companies responded to the Request for Proposal submitting 30 proposals,” the DOE said in a statement. “This purchase has been fully subscribed, and the contracts were awarded…