Real Vision: Finance & Investing cover image

U.S. to Tap into 50M Barrels of Reserve Oil to Tame Rising Gas Prices

Real Vision: Finance & Investing

00:00

The Strategic Petroleum Reserve

The U.S. has released a portion of its strategic petroleum reserve, or s p r. The move is expected to drive up the price of gasoline and other energy products. CNN's John Defterios says it could also lead to an increase in global oil prices. He asks: What do you think China will do when they're making that commitment?

Play episode from 04:33
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app