The oil decision of the USA may upset the fuel market! shock improvement

White House spokeswoman Karine Jean-Pierre said that after the US release of 1 million barrels per day to the market ends this month, no new oil will be released from the strategic reserve.

At the press conference, Jean-Pierre evaluated the issue of releasing 1 million dollars a day to the market within the scope of the plan announced in March.

Pointing out that this period will expire at the end of the month, Jean-Pierre said, “We do not plan to release new oil from the strategic oil reserve.” used the phrase.

Asked if they were worried that gasoline prices in the country would rise again in this case, Jean-Pierre said: “We will do our best to lower gasoline prices.” gave the answer.

In March, US President Joe Biden authorized the release of 1 million barrels of oil per day, over 180 million barrels in total, within 6 months from the country’s strategic oil reserves.

The White House announced at the end of July that it would sell an additional 20 million barrels of oil from its strategic oil reserve to help lower gasoline prices across the country.

The US administration announced in September that it would sell up to 10 million barrels of oil from the strategic oil reserve.

With these sales, the rate of crude oil in the US’s strategic reserve fell to its lowest level since 1984.