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US Strategic Petroleum Reserve Falls 530,000 Barrels to Lowest Since 1982

Source
JH Kim

Summary

  • US Strategic Petroleum Reserve (SPR) inventories fell by about 530,000 barrels last week, reaching their lowest level since 1982.
  • Walter Bloomberg reported that US Strategic Petroleum Reserve inventories totaled 293.4 million barrels last week after falling by about 530,000 barrels.
  • That left US Strategic Petroleum Reserve inventories at their lowest level since 1982.

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Photo: Shutterstock
Photo: Shutterstock

The US Strategic Petroleum Reserve shrank by about 530,000 barrels last week, reaching its lowest level since 1982.

Walter Bloomberg reported on August 17 that US Strategic Petroleum Reserve stockpiles stood at 293.4 million barrels last week after falling by about 530,000 barrels.

That was the lowest level since 1982.

#Oil Price
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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