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Energy Department Awards Contracts from the Strategic Petroleum Reserve, Advancing President Trump’s Historic Emergency Exchange
Published by U.S. Department of Energy on May 11, 2026.
Fourth award of the U.S. reserve exchange: 53.3 million barrels; about 35 million delivered by then.
The recorded passage
announced today the contract awards for the exchange of approximately 53.3 million barrels of crude
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- The G7's 100 million barrels of emergency oil were already promised in March · cited for the awards that make up the U.S. share
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Timeline entries this record anchors: U.S. exchange awards, March to June.