WASHINGTON (Reuters) - The U.S. Department of Energy plans to shortly release up to 5 million barrels of crude oil from the Strategic Petroleum Reserve, a government source said on Wednesday.
The release would be a test sale, essentially to check the operational capabilities of the reserve system's infrastructure, the source said. The exact timing of the release is unclear.
The release would be equivalent to about one-quarter of the crude oil used in the United States every day.
The most recent release from the reserve was in 2011, in response to the civil war in Libya, when the Energy Department authorized a tap of 30 million barrels in coordination with the EU, which tapped a similar amount from its reserves.
(Reporting by Valerie Volcovici, Ayesha Rascoe and Timothy Gardner; Writing by Ros Krasny; Editing by Bill Trott)
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