Feb 13 (Reuters) - The Biden administration said on
Monday it is selling 26 million barrels of oil from the
Strategic Petroleum Reserve, a release that had been mandated by
Congress in previous years.
The sale will likely temporarily push the reserve below its
current level of about 372 million barrels, the lowest level
since 1983.
U.S. Energy Department said bids on the oil are due on Feb.
28 and that the oil would be delivered from April 1 to June 30.
(Reporting by Timothy Gardner; Editing by Lisa Shumaker)
@timogard); Reuters Messaging:
timothy.gardner.thomsonreuters.com@reuters.net))
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