The U.S. Energy Department said on Thursday it has finalized contracts to purchase 2.73 million barrels of oil for the Strategic Petroleum Reserve (SPR). The U.S. has contracts to purchase 930 million barrels (MB) from Exxon Mobil, 600 million MB from Phillips 66, 600 MB from Sunoco and 600 MB from Macquarie. The contracts total $215,929,510, … Read more