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U.S. Strategic Petroleum Reserve Falls to 282.6 Million Barrels, Lowest Since 1982

Source
JH Kim

Summary

  • U.S. Strategic Petroleum Reserve (SPR) stockpiles fell to 282.6 million barrels, marking their lowest level since 1982.
  • U.S. Strategic Petroleum Reserve inventories totaled 282.6 million barrels last week, putting them below 300 million barrels.
  • The size of the inventory decline and the specific reason for the drop were not provided.

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U.S. Strategic Petroleum Reserve stockpiles fell to 282.6 million barrels, the lowest level since 1982.

Walter Bloomberg reported on October 26 that U.S. Strategic Petroleum Reserve inventories totaled 282.6 million barrels last week.

That is the lowest level since 1982. The data show U.S. emergency crude stockpiles have fallen below 300 million barrels.

The report did not provide the size of the latest decline or the specific reason for the drop.

Photo: Shutterstock
Photo: Shutterstock
#Oil Price
JH Kim

JH Kim

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

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