Oil Reserve Release Expected to Reach 1Mln Barrels Daily, Then 3Mln - US Energy Secretary

NAMPA / Sputnik
2026-03-23
WASHINGTON, March 23 (RIA Novosti) - The rate of releasing Strategic Petroleum Reserve (SPR) is going to be at 1 million barrels a day, eventually reaching 3 million barrels, US Secretary of Energy Chris Wright said on Monday. "It's going to be between a million and a million and a half barrels a day out of US stocks, and we'll get you know, possibly close to 3 million barrels total," Wright said at the CERAWeek conference. On Thursday, US Secret......
Restricted content

Latest NAMPA photos

WINDHOEK, 23 March- Indian High Commissioner to Namibia, Rahul Shirvastava, Deputy Minister of Defence Force Charles Mubita and Deputy Minister of International Relations and Trade Jennely Matundu at the inauguration of a computer lab at Osona Military Base. (Photo by Eba Kandovazu). NAMPA

WINDHOEK, 23 March- Indian High Commissioner to Namibia, Rahul Shirvastava, Deputy Minister of Defence Force Charles Mubita and Deputy Minister of International Relations and Trade Jennely Matundu at the inauguration of a computer lab at Osona Military Base. (Photo by Eba Kandovazu). NAMPA

NAMPA
WINDHOEK, 23 March 2026 - The Namibia Tourism Board and First National Bank of Namibia (FNB) have signing an agreement aimed at strengthening tourism entrepreneurship. (Photo by: Justina Shuumbwa) NAMPA

WINDHOEK, 23 March 2026 - The Namibia Tourism Board and First National Bank of Namibia (FNB) have signing an agreement aimed at strengthening tourism entrepreneurship. (Photo by: Justina Shuumbwa) NAMPA

NAMPA
GOBABIS, 22 March 2026 - Namibia Rural Sport Development Federation president Japandera Procolo Kamburona. (Photo: Contributed)

GOBABIS, 22 March 2026 - Namibia Rural Sport Development Federation president Japandera Procolo Kamburona. (Photo: Contributed)

NAMPA
MARIENTAL, 22 March 2026 - Minister of ICT, Emma Theofelus, addresses Hardap residents during the Independence celebrations in Mariental. (Photo: Contributed)

MARIENTAL, 22 March 2026 - Minister of ICT, Emma Theofelus, addresses Hardap residents during the Independence celebrations in Mariental. (Photo: Contributed)

NAMPA
GOBABIS, 21 March 2026 - Director General of the National Planning Commission, Dr Kaire Mbuende. (Photo: Contributed)

GOBABIS, 21 March 2026 - Director General of the National Planning Commission, Dr Kaire Mbuende. (Photo: Contributed)

NAMPA
OSHAKATI, 21 March 2026 - Minister of Finance Erica Shafudah pictured during the 36th independence anniversary celebration at Okahao in the Omusati region. (Photo: contributed)

OSHAKATI, 21 March 2026 - Minister of Finance Erica Shafudah pictured during the 36th independence anniversary celebration at Okahao in the Omusati region. (Photo: contributed)

NAMPA
MARIENTAL, 21 March 2026 - Former PLAN fighter and current coordinator of the Namibia National Liberation Veterans Association in the Hardap Region, Theresia Basson. (Photo: Contributed)

MARIENTAL, 21 March 2026 - Former PLAN fighter and current coordinator of the Namibia National Liberation Veterans Association in the Hardap Region, Theresia Basson. (Photo: Contributed)

NAMPA
OSHAKATI, 21 March 2026 - Ohangwena regional governor Kadiva Hamutumwa pictured during the 36th independence day celebration at Helao Nafidi on Saturday. (Photo: contributed)

OSHAKATI, 21 March 2026 - Ohangwena regional governor Kadiva Hamutumwa pictured during the 36th independence day celebration at Helao Nafidi on Saturday. (Photo: contributed)

NAMPA