The US government will take advantage of low oil prices and buy “large quantities” of crude to fill the Strategic Petroleum Reserve, President Donald Trump said Friday. “We’re going to fill it right up to the top, saving the American taxpayer billions and billions of dollars,” Trump said during a press conference. He added that the move was also designed to help the US oil industry, which has been hit by the double-whammy of demand destruction from the coronavirus pandemic and surging supply after the breakup of the OPEC+ agreement between Saudi Arabia and Russia. Part 1: Volatility in global markets creates havoc for […]