U.S. Energy Dept approves release of 2 mln bbls of oil from SPR to Exxon

View of the Exxon Mobil refinery in Baytown, Texas
A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi

Dec 30 (Reuters) - The U.S. Department of Energy said on Thursday it had approved a release of two million barrels of crude oil to Exxon Mobil Corp (XOM.N) from its Strategic Petroleum Reserve as part of a previously announced plan to try to reduce gasoline prices.

The Energy Department said it has now provided a total of over seven million barrels of crude oil from its reserve to boost the nation's fuel supply.

Reporting by Ismail Shakil in Bengaluru; Editing by Tim ahmann

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