'U.S. Energy Dept Loaned 26.03M Barrels Of Crude Oil From SPR Out Of 30M Barrels Offered; Nine Companies Taking The U.S. SPR Oil Loans Including BP, Energy Transfer Crude Marketing And ExxonMobil' - Reuters

The U.S. Department of Energy said on Friday it had loaned26.03 million barrels of crude oil from the Strategic Petroleum Reserve to nine oil companies, the third allotment under the Trump administration's effort to curb fuel prices that have surged since the U.S.-Israeli war on Iran.

Companies that have been awarded SPR loans include BP Products North America, ExxonMobil Oil Corp and Marathon Petroleum, the DOE said in a statement.