Strategic Oil Reserve "releases" are repurchase agreements. Sell now with the agreement to repurchase the exact same amount at a later date.
"FACT SHEET: Department of Energy Releases New Notice of Sale as Gasoline Prices Continue to Fall
Using Repurchases to Promote Stability and Encourage Supply
The Administration is also moving forward with a proposal to allow fixed-price forward purchases of crude oil to replenish the SPR and encourage short-term production. Relative to conventional purchase contracts that expose producers to volatile crude prices, the fixed-price contracts can give producers the assurance to make investments today, knowing that the price they receive when they sell to the SPR will be locked in place, providing them with some protection against downward movements in the market. This proposal, if finalized as proposed, would encourage near-term production, promote market stability, and put the federal government in a better position to respond to future market volatility."
https://www.whitehouse.gov/briefing-room/statements-releases/2022/07/26/fact-sheet-department-of-energy-releases-new-notice-of-sale-as-gasoline-prices-continue-to-fall/