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TechFlow News - On March 15, the U.S. Department of Energy released a tender for crude oil allocations from the Strategic Petroleum Reserve. The first batch of 86 million barrels of crude oil is expected to be released to the market before the end of next week. According to the document, participating companies need to return the borrowed crude oil to the U.S. Department of Energy and return an additional quantity of crude oil as a premium. The document states that this approach can both replenish the U.S. Strategic Petroleum Reserve and stabilize the market. The U.S. government also stated plans to add approximately 200 million barrels to the Strategic Petroleum Reserve within the next year to maintain America's energy security. Data from the U.S. Energy Information Administration shows that as of the 6th of this month, the U.S. Strategic Petroleum Reserve stands at 415.4 million barrels. (CLS)