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US to add 75mn barrels of oil to strategic reserve: Trump

Oil prices crashed into negative territory Monday after coronavirus lockdowns around the globe shrivelled demand.
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  • Oil prices crashed into negative territory Monday after coronavirus lockdowns around the globe shrivelled demand.

"We are filling up our national petroleum reserves... You know, the strategic reserves. And we are looking to put as much as 75 million barrels into the reserves themselves," Trump told reporters at his daily coronavirus press conference.

Oil prices crashed into negative territory Monday after coronavirus lockdowns around the globe shrivelled demand.