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