The U.S. Will Release 40 Million Barrels Of Oil From Its Strategic Reserve

This amount will be provided as a loan to energy companies to stabilize prices.

The U.S. Department of Energy will release up to 40 million barrels of crude oil from the Strategic Petroleum Reserve following a decision by President Donald Trump. This volume will be provided on loan to energy companies to stabilize prices amid the conflict in the Middle East. This was reported by the department’s press office.

The oil will be shipped from the Big Hill and Bryan Mound storage facilities in Texas. The U.S. Department of Energy reported that it has already completed four transactions and provided more than 133 million barrels. Deliveries are also scheduled for November and December 2026. The department notes that it is replenishing the reserve by adding a 25% surcharge to the volume of oil returned by companies.

This step is part of the U.S. commitment to release 172 million barrels onto the global market. The agreement was reached with member countries of the International Energy Agency. They agreed to release 400 million barrels of oil from their emergency reserves to stabilize the market following the closure of the Strait of Hormuz.

As of September 25, the U.S. Strategic Petroleum Reserve had fallen to 1982 levels, standing at 283.8 million barrels. The Strategic Petroleum Reserve was established in 1975 following the Arab oil embargo, which triggered the oil crisis. Its primary purpose is to protect the U.S. from sudden supply shortages. The oil is stored in massive underground salt domes in Texas and Louisiana.

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