"Amid the panic buying surge in the last 30 minutes of trading, sparked by Trump's national emergency declaration, oil has soared higher after Trump said that he has asked the energy department to buy "large quantities of oil" for the Strategic Petroleum Reserve and to "fill it right to the top.""

https://www.zerohedge.com/energy/oil-surges-after-trump-orders-doe-fill-strategic-petroleum-reserve