US Strategic Petroleum Reserve Falls 2.85 Million Barrels to Lowest Since 1983
JH Kim
Summary
- US Strategic Petroleum Reserve (SPR) stockpiles fell by about 2.85 million barrels last week.
- SPR inventories dropped to 304.8 million barrels, the lowest level since 1983.
- The latest decline left the US Strategic Petroleum Reserve at its lowest level in about 43 years.
Forecast Trend Report by Period
Walter Bloomberg reported on August 3 that US Strategic Petroleum Reserve stockpiles fell by about 2.85 million barrels last week to 304.8 million barrels, the lowest level since 1983.
The drop left the US Strategic Petroleum Reserve at its lowest level in about 43 years.
JH Kim
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