US DOE to buy 6 mil barrels of sour crude for October, November delivery to continue SPR refill

The US Department of Energy July 7 announced plans to repurchase about 6 million barrels of sour crude as the Biden administration continues its initiative to replenish the Strategic Petroleum Reserve. The DOE issued a solicitation for the 6 million barrels of sour crude for delivery in October and November to the Big Hill SPR site in Texas. Bids of…