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Which month will see the highest delivery of crude oil to SPR in Q1 2025?
2
Resolution / Starting Odds
January 2025 • 25%
February 2025 • 25%
March 2025 • 25%
All months equal • 25%
U.S. Department of Energy official reports and announcements
Story
U.S. Energy Dept Awards Contracts for 3.4 Million Barrels of Sour Crude for SPR
Sep 9, 2024, 03:06 PM
The U.S. Department of Energy has announced contracts for the acquisition of 3.4 million barrels of sour crude oil to replenish the Strategic Petroleum Reserve (SPR). The contracts involve the delivery of over 1.1 million barrels per month from January 2025 to March 2025 at the Bryan Mound site. This addition is part of a broader effort by the Biden administration, which has already purchased approximately 50 million barrels of crude oil for the SPR.
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Less than 2 million • 25%
2 million to 2.5 million • 25%
2.5 million to 3 million • 25%
Exactly 3 million • 25%
Texas • 25%
Louisiana • 25%
Mississippi • 25%
Other • 25%
October 2024 • 33%
November 2024 • 33%
December 2024 • 33%
Less than 45 million barrels • 25%
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Domestic US producers • 25%
Middle Eastern producers • 25%
South American producers • 25%
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January-March • 25%
April-June • 25%
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Increase by over 10 million barrels • 25%
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More than $80 per barrel • 25%