(EnergyAsia, May 14 2014, Wednesday) — Analysts said US should brace for self-inflicted damages if it proceeds with a plan to release crude oil from its 700-million barrel strategic petroleum reserves (SPR) to punish Russia over the Ukraine crisis. Media reports have suggested the Obama administration plans to sell anything from five million barrels of…
US: Analysts warn of self-inflicted damage from release of strategic petroleum reserve to punish Russia over Ukraine crisis
Posted on May 14, 2014 by EnergyAsia