{"id":13904,"date":"2026-09-30T12:35:47","date_gmt":"2026-09-30T12:35:47","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=13904"},"modified":"2026-09-30T12:35:47","modified_gmt":"2026-09-30T12:35:47","slug":"bitcoin-could-react-to-the-us-oil-offer-before-delivery","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=13904","title":{"rendered":"Bitcoin could react to the US oil offer before delivery"},"content":{"rendered":"<p><\/p>\n<div data-cs-editorial-figure-scope=\"\" data-cs-editorial-quote-scope=\"\" data-cs-image-viewer-scope=\"\" data-single-article-content=\"\">\n<p>The US Department of Energy has opened an exchange for up to 40 million barrels of crude from the Strategic Petroleum Reserve. Its September 29 solicitation adds a possible source of oil later this year, but no barrels have been awarded under this offer. Proposals are due October 6 at 11 a.m. Central, with deliveries under awarded exchanges scheduled for November and December.<\/p>\n<p>The offer falls within the previously announced 172-million-barrel US release commitment. That figure describes the existing program, not another 172 million barrels announced this week. The 40-million-barrel ceiling is the volume offered in this round, rather than oil already moving into the market.<\/p>\n<p>The date gap matters as investors await the next inflation reading. The Bureau of Economic Analysis has scheduled its August personal income and outlays report for September 30 at 8:30 a.m. Eastern. It includes the personal consumption expenditures, or PCE, price index. Because the data cover August, they cannot reflect the September 29 reserve offer or late-September oil moves. Under DOE&#8217;s announced timetable, the newly offered oil cannot reach buyers before the report either.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin\u2019s $85,000 test comes as Wall Street gets two different inflation stories<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<h2>How the oil offer could affect Bitcoin<\/h2>\n<p>A supply announcement can change expectations before physical oil arrives. If the DOE offer changes oil-price expectations, the possible path to Bitcoin runs through inflation expectations, bond yields and the outlook for Federal Reserve rates. The available figures do not show that this particular announcement has already moved any of those markets or Bitcoin.<\/p>\n<aside id=\"cs-inline-newsletter-1\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\" data-newsletter-placement=\"article-midpoint\" data-newsletter-pending-label=\"Joining\u2026\" data-newsletter-pending-status=\"Joining The Catalyst\u2026\" data-newsletter-email-required-message=\"Before sending, please provide your email address.\" aria-labelledby=\"cs-inline-newsletter-1-title\" aria-describedby=\"cs-inline-newsletter-1-copy\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\"> <i class=\"fa-regular fa-envelope\" aria-hidden=\"true\"\/> The Catalyst <\/span><\/p>\n<h2 id=\"cs-inline-newsletter-1-title\" class=\"cs-inline-newsletter__title\">What\u2019s moving crypto. Why it matters.<\/h2>\n<p id=\"cs-inline-newsletter-1-copy\" class=\"cs-inline-newsletter__copy\">Get CryptoSlate\u2019s essential stories and what to watch next.<\/p>\n<p>  <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\" fill=\"currentColor\" viewbox=\"0 0 16 16\" aria-hidden=\"true\" focusable=\"false\"> <path d=\"M15 3.604H1v1.891h14v-1.89ZM1 7.208V16l7-3.926L15 16V7.208zM15 0H1v1.89h14z\"\/> <\/svg> <span>Published on Substack<\/span> <\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p id=\"cs-inline-newsletter-1-privacy\" class=\"cs-inline-newsletter__privacy\">Seven days a week. Unsubscribe anytime.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<div class=\"cs-inline-newsletter__success\" role=\"status\" aria-live=\"polite\" aria-atomic=\"true\" tabindex=\"-1\"> <span class=\"cs-inline-newsletter__success-icon\" aria-hidden=\"true\"\/><\/p>\n<div>\n<h3 class=\"cs-inline-newsletter__success-title\">Check your inbox.<\/h3>\n<p class=\"cs-inline-newsletter__success-copy\">Your signup request was sent. If confirmation is required, follow the email from Substack.<\/p>\n<p class=\"cs-inline-newsletter__success-hint\">Look in spam or promotions if you don\u2019t see it.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/aside>\n<p><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter shoggoth-infographic shoggoth-infographic-portrait wp-image-567416\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda.png\" alt=\"Timeline: DOE offered up to 40 million reserve barrels September 29, August PCE is released September 30, bids close October 6, and awarded oil is scheduled for November and December.\" width=\"720\" height=\"900\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda.png 1122w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda-240x300.png 240w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda-819x1024.png 819w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda-768x960.png 768w\" sizes=\"auto, (max-width: 720px) 100vw, 720px\"\/><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"lazyload aligncenter shoggoth-infographic shoggoth-infographic-portrait wp-image-567416\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda.png\" alt=\"Timeline: DOE offered up to 40 million reserve barrels September 29, August PCE is released September 30, bids close October 6, and awarded oil is scheduled for November and December.\" width=\"720\" height=\"900\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda.png 1122w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda-240x300.png 240w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda-819x1024.png 819w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/09\/exec-65bae646-1d5b-446e-8f08-c92094234cda-768x960.png 768w\" data-sizes=\"(max-width: 720px) 100vw, 720px\"\/><\/p>\n<p>The inflation and rate backdrop predates the offer. In its August 26 release, BEA put July headline PCE inflation at 3.7% year over year and core inflation, excluding food and energy, at 3.3%. BEA has scheduled an annual update that could revise prior monthly estimates. The Federal Reserve raised its policy-rate range to 3.75%-4% on September 16, citing elevated inflation. A change in rate expectations after the August report would matter for assets exposed to financing conditions, but it would not mean the DOE notice altered August prices.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin faces a new inflation test after diesel hits a nominal $6.53 record<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>The Energy Information Administration&#8217;s September outlook projected Brent crude near $90 a barrel in the second half of 2026 amid falling inventories and constraints on Middle East supply. Its forecast inputs were finalized September 3, before the reserve notice. The projection sets the oil backdrop; it does not estimate what this new offer will do to prices.<\/p>\n<div class=\"cs-article-embed\">\n<p> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Bitcoin\u2019s oil risk stretches into 2027 as IEA cuts supply outlook again<\/h3>\n<\/p>\n<p> <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\"> <i class=\"fa-light fa-arrow-up-right\"\/> <\/span> <\/div>\n<p>The Treasury&#8217;s September 29 data showed a two-year yield of 4.89% and a 10-year yield of 5.26%. A September 30 check of CryptoSlate&#8217;s Bitcoin page showed BTC around $83,000. Those snapshots offer context, not proof of an announcement-driven move. The next concrete DOE milestone is the October 6 bid deadline; the amount actually awarded will determine how much of the proposed supply could enter the November-December window.<\/p>\n<\/div>\n<p>Analysis,Featured,Macro,Bitcoin,BTCBitcoin,BTC#Bitcoin #react #oil #offer #delivery1790771747<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Department of Energy has opened an exchange for up to 40 million barrels of crude from the Strategic Petroleum Reserve. Its September 29 solicitation adds a possible source of oil later this year, but no barrels have been awarded under this offer. Proposals are due October 6 at 11 a.m. Central, with deliveries<\/p>\n","protected":false},"author":1,"featured_media":13905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[91,285,7115,3219,204,6870],"class_list":["post-13904","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum","tag-bitcoin","tag-btc","tag-delivery","tag-offer","tag-oil","tag-react"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin could react to the US oil offer before delivery - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"The US offers up to 40 million reserve oil barrels. Bitcoin could react through inflation and rate expectations before November\u2013December delivery.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=13904\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin could react to the US oil offer before delivery\" \/>\n<meta property=\"og:description\" content=\"The US offers up to 40 million reserve oil barrels. Bitcoin could react through inflation and rate expectations before November\u2013December delivery.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=13904\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-09-30T12:35:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-pce-oil-pressure.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13904\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=13904\",\"name\":\"Bitcoin could react to the US oil offer before delivery - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13904#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13904#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-pce-oil-pressure.webp\",\"datePublished\":\"2026-09-30T12:35:47+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"The US offers up to 40 million reserve oil barrels. Bitcoin could react through inflation and rate expectations before November\u2013December delivery.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13904#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=13904\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13904#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-pce-oil-pressure.webp\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-pce-oil-pressure.webp\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13904#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin could react to the US oil offer before delivery\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bitcoin could react to the US oil offer before delivery - Crypto News: Latest Cryptocurrency News and Analysis","description":"The US offers up to 40 million reserve oil barrels. Bitcoin could react through inflation and rate expectations before November\u2013December delivery.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=13904","og_locale":"en_US","og_type":"article","og_title":"Bitcoin could react to the US oil offer before delivery","og_description":"The US offers up to 40 million reserve oil barrels. Bitcoin could react through inflation and rate expectations before November\u2013December delivery.","og_url":"https:\/\/cryptonews.uk.com\/?p=13904","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-09-30T12:35:47+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-pce-oil-pressure.webp","type":"image\/webp"}],"author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=13904","url":"https:\/\/cryptonews.uk.com\/?p=13904","name":"Bitcoin could react to the US oil offer before delivery - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=13904#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=13904#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-pce-oil-pressure.webp","datePublished":"2026-09-30T12:35:47+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"description":"The US offers up to 40 million reserve oil barrels. Bitcoin could react through inflation and rate expectations before November\u2013December delivery.","breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=13904#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=13904"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=13904#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-pce-oil-pressure.webp","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/09\/bitcoin-pce-oil-pressure.webp","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=13904#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin could react to the US oil offer before delivery"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto &amp; Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/13904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13904"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/13904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/13905"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}