has sold 950,000 barrels of the United States' Strategic Petroleum Reserve to a state-owned Chinese firm, according to a report - in which 's private equity firm held a $1.7 billion stake.Last week it emerged that five million barrels of oil have been sent abroad, after claiming that releasing them would help ease Americans' pain at the pumps.The president faced accusations of a sneaky sleight of hand as it was revealed that between a fifth and a sixth of the reserve oil he bragged about releasing to boost supply made its way offshore to Europe and in June.
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