Valero, Motiva, ExxonMobil take largest shares of US SPR’s May-June sale
The US found buyers for all 30 million barrels of crude offered in the latest Strategic Petroleum Reserve sale, with Valero, Motiva Enterprises, and ExxonMobil securing the largest shares, the Department of Energy said April 21. The crude is set for delivery between May 15 and June 30. DOE announced it would offer an additional 40 million barrels of SPR…