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US opens bids to exchange 40M barrels from emergency oil reserve, impacting markets and inflation outlook.

Market News
30 Sep 2026
Tokenpost
View Source
Neutral
US opens bids to exchange 40M barrels from emergency oil reserve, impacting markets and inflation outlook.

The US Department of Energy has opened a solicitation to exchange up to 40 million barrels of crude oil from its Strategic Petroleum Reserve, with deliveries scheduled for November and December 2026. This exchange is part of a broader plan to release 172 million barrels to stabilize oil markets and manage inflation expectations. The crude will be borrowed and returned with a premium, ensuring the reserve is replenished while saving taxpayers money. Market impact on oil prices, inflation, and interest rates remains uncertain until bids close on October 6, 2026, and deliveries begin.

The U.S. Strategic Petroleum Reserve exchange plan is the subject, with Pluang's cryptocurrency market data providing context. As of Sep 30, 2026 18:52 WIB, out of 50 major cryptocurrencies, 19 rose and 30 fell. Notably, COTI gained 3.35% at Rp241 contrasting with ATOM's 4.64% drop to Rp30.424 and XLM's 3.53% decline to Rp4.076, highlighting mixed investor sentiment.

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