US DOE continues SPR refill with 3.2-million-barrel purchase of crude

The US Department of Energy June 30 said it has awarded contracts to four companies for the purchase of a combined 3.2 million barrels of crude to continue refilling the Strategic Petroleum Reserve. The DOE said that nine companies submitted 28 proposals in response to its June 9 solicitation and that the purchase was fully subscribed. The winning proposals came…