The White House has discussed adding up to 100mln more barrels to the administration’s pledge last week, Politico reports, citing sources

The discussions around potentially adding up to 100 million barrels to the U.S.

Newsquawk StaffPublished 19 Mar 2026, 16:00 UTCOn the live feed at 15:40 UTC — 9 more headlines followed before this page went public

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15:42

Novo Nordisk (NOVOB DC) says Wegovy (Semaglutide 7.2mg) has been approved in the US, providing 20.7% mean weight loss

15:41

US State Department approves possible foreign military sale to Jordan of aircraft and munitions support and related equipment; approves potential sale of fixed site - low, slow, small unmanned aircraft integrated defeat system to UAE for USD 2.1bln

15:40

The White House has discussed adding up to 100mln more barrels to the administration’s pledge last week, Politico reports, citing sources

15:32

US sells 4-week bills at a high rate of 3.615%, B/C 3.12x; sells 8-week bills at a high rate of 3.635%, B/C 2.83x

15:31

Israeli Energy Minister Cohen says the damage to the power grid in the north is localised and not significant; there was no significant damage to infrastructure sites in Israel

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“Some military advisers are concerned [about] draining so much, and are pushing for more like 50 million barrels on the concern that further destruction of oil and gas infrastructure in the [Middle East] region could leave the country vulnerable from a reserve standpoint,” this person said.
DOE spokesperson Ben Dietderich said. “While the U.S. continues to consider all options to keep markets supplied, there are currently no plans for an additional SPR release.”

Context

release signal heightened geopolitical risks impacting oil supply, particularly concerns regarding Middle Eastern infrastructure. This could create volatility in energy prices as traders weigh the implications of reserve levels and military advisement against a backdrop of ongoing conflicts. The lack of immediate plans from the DOE suggests that while the option remains open, decisive action may hinge on broader developments rather than these discussions alone.

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