Search investingLive
Home
US Energy Sec. Granholm: US will seek to purchase well for the SPR after mandate ends

US Energy Sec. Granholm: US will seek to purchase well for the SPR after mandate ends

News
Greg Michalowski
11/05/2023 | 19:27 GMT
  • Says will start buying in June

US Energy Sec. Granholm said that the US will seek to purchase oil for the SPR after congressionally mandated sale ends in June. Crude oil is starting to take hiring currently trades at $71.40 after settling at $70.87.

Most Popular

Best in 2026

Sponsored

General Risk Warning
Best Prop Firm in 2026: Detailed Comparison
Best Forex Brokers in 2026: Detailed Comparison
investingLive Premium
Telegram Community
Gain Access
View more

CoolIT sale nets employees $240K avg payout, 18x valuation jump. AI boom fuels massive returns.

Fortune
3m ago

Millions traded on oil minutes before Trump's Iran policy reversal. Insider trading concerns rise.

Independent
8m ago

Micron (MU) trades cheap at 4x earnings, but TSMC (TSM) offers better long-term growth at 24x earnings.

Motley Fool
12m ago

Medicare costs surge, shrinking Social Security's 2.8% COLA to just $38 net. Retirees face budget squeeze.

Motley Fool
21m ago

Prediction markets show $143M in potential insider trading profits. Regulators eye new rules.

Bloomberg
26m ago

Rocket Lab surges 10% on moon base plans, but Redwire's 3.3x sales valuation offers more upside.

Motley Fool
31m ago

VIG's 13.63% annualized return beats S&P 500 Dividend Aristocrats. Low 1.65% yield signals safety.

Motley Fool
39m ago
investingLive Premium
Telegram Community
Gain Access

Best in 2026

Sponsored

General Risk Warning
Best Prop Firm in 2026: Detailed Comparison
Best Forex Brokers in 2026: Detailed Comparison

Must Read

Follow Us

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions.

Advisory warning: investingLive is not an investment advisor, investingLive provides references and links to selected news, blogs and other sources of economic and market information for informational purposes and as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and investingLive specifically hereby acknowledges clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided on an "as-is" basis as a general market commentary and does not constitute investment or trading advice, and we do not purport to present the entire relevant or available public information with respect to a specific market or security. investingLive expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information, or with respect to any of the content presented within its website, nor its editorial choices.

Disclaimer: investingLive may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2026 Finance Magnates CY Limited — Part of Ultimate Group

Read our Terms, Cookies and Privacy Notice

Manage Cookies
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}