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Donald Trump says stockpile 75 million barrels of oil to strategic reserve, after the slum in crude oil prices

Shortpedia
Content Team

President Donald Trump announced on Monday the US would take advantage of the historic drop in oil prices to buy 75 million barrels to replenish the national strategic stockpile. The announcement by the president came after the oil prices crashed into negative territory Monday for the first time due to the drastic slump in demand arising amid the global lockdown due to the outbreak of coronavirus.


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