The US Department of Energy on October 10 authorized an emergency exchange of up to 4 million barrels of crude from the Strategic Petroleum Reserve in response to weather-related supply disruptions in the Gulf region. The department said the exchange is intended to help sustain refinery operations and fuel supplies.
Up to 2 million barrels were authorized for each of ExxonMobil and BP America. DOE said the companies will return the crude in 2027 with additional premium barrels; ExxonMobil’s exchange accelerates delivery of SPR crude previously awarded to it. The release does not state that the full authorized volume has already been withdrawn.
HABER PAPER / DATA
Behind the numbers
Inspect the source, read the data, make your own analysis.
Data table
Maximum volume authorized for exchange
Authorized upper bound; should not be read as volume already withdrawn.
Maximum volume authorized for exchange
Indicator (English)
Source value and unit
Period or announcement date
Data basis (English)
Numeric value (source scale)
Source unit (English)
Equality or bound qualifier
Maximum total volume
4000000 barrels (up to)
2026-10-10
target
4,000,000
barrels
at-most
Maximum volume per company
2000000 barrels (up to)
2026-10-10
target
2,000,000
barrels
at-most
Source and methodology
Haber Paper source-linked editorial data compilation; underlying sources retain their separate reuse terms.
Records total and per-company maximums in DOE’s October 10 announcement. Numeric values retain source scales; bounds are distinct from exact equality. Sorting must account for units and indicator scope.
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