BlockBeats report: On March 13, the U.S. Department of Energy released a tender for the release of crude oil from the Strategic Petroleum Reserve, with the first batch of 86 million barrels expected to enter the market by next weekend. According to the document, participating companies must return the borrowed crude oil along with an additional quantity as a premium. The document states that this approach will both replenish the U.S. Strategic Petroleum Reserve and stabilize the market. The U.S. government also announced plans to replenish approximately 200 million barrels of strategic petroleum reserves over the next year to safeguard U.S. energy security. Data from the U.S. Energy Information Administration shows that, as of March 6, the U.S. Strategic Petroleum Reserve stood at 415.4 million barrels. (Cailian Press)
U.S. to Release 86 Million Barrels of Strategic Crude Oil with Premium Repayment Model
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Summary
On March 15, 2026, the U.S. Department of Energy announced a tender for 86 million barrels of crude oil from the Strategic Petroleum Reserve, with deliveries set to reach the market by the end of the weekend. Borrowed oil must be repaid with a premium to replenish the SPR and stabilize the market. The CFT framework supports these actions, as the U.S. plans to add an additional 200 million barrels to the reserve this year. Risk-on assets experienced increased activity following the announcement. As of March 6, the SPR held 415.4 million barrels.
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