Biden admin weighs 180 mln bbl draw of oil from emergency reserves over months -sources

The Biden administration is weighing a draw of oil from emergency reserves of up to 180 million barrels over several months, two U.S. sources said on Wednesday.

The move is an attempt to control oil prices that have shot over $100 a barrel on Russia's invasion of Ukraine and on high global demand.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)