13 companies responded to the notification.

The U.S. authorities will transfer 30 million barrels of oil released from their strategic reserve to seven American companies. This is reported in a statement issued on Wednesday by the U.S. Department of Energy.

According to these data, “contracts were issued for all 30 million barrels that were put up for sale from the U.S. strategic oil reserve.” “In total, 13 companies responded to the notification by submitting 109 applications for evaluation. Contracts were awarded to the following seven companies: Atlantic Trading & Marketing (1.05 million barrels), Chevron USA (1.265 million barrels), Gunvor USA (0.350 million barrels), Marathon Petroleum Supply and Trading (16.06 million barrels), Motiva Enterprises (2.55 million barrels), Phillips 66 Company (4.2 million barrels), Valero Marketing and Supply Company (4.75 million barrels),” the report says.

Earlier, U.S. President Joe Biden ordered the release of 30 million barrels of oil from the strategic reserve in connection with the situation around Ukraine. This step was coordinated with another 30 member countries of the International Energy Agency, which agreed to jointly release a total of 60 million barrels from their oil reserves. This decision is designed to eliminate supply disruptions against the background of the military operation in Ukraine.