Home / Centerstage / 2022 / march / Week 4 /
In an effort to curb inflation, President Joe Biden has directed the release of approximately one million barrels of crude oil per day from the Strategic Petroleum Reserve over the next six months. This move aims to increase oil supply and stabilize prices. The decision comes as part of the government's broader strategy to address rising inflationary pressures and ensure the availability and affordability of essential commodities in the market.
Wednesday, 30 March, 2022