US Plan to Refill Oil Reserve Hits Snag as It Shuns Some Light Crudes
(Bloomberg) -- The formidable task of refilling the world’s largest government oil stockpile is like mixing oil and vinegar. Only in this case, the vinegar is actually just more oil — a super-thin crude from South Texas.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaUkraine’s Army Chief Replaced After Rift With ZelenskiyEpstein Contacted Staley for Years at Barclays Using Go-Between, Court Filings ClaimBonds Fall After $25 Billion Sale as Stocks Churn: Market