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Crude in U.S. emergency reserve falls to lowest since Dec. 1984

Published 08/29/2022, 01:51 PM
Updated 08/29/2022, 01:56 PM
© Reuters. FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020.  REUTERS/Adrees Latif

© Reuters. FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif

HOUSTON (Reuters) - Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy.

Stockpiles in the Strategic Petroleum Reserve (SPR) fell to 450 million barrels, according to the data, the lowest since December 1984.

The 3.1 million-barrel draw was the smallest draw since the end of April.

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Latest comments

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A_Jaundiced_EyeAug 29, 2022, 22:24
Trump took home some old magazines and the left-wing press is organizing a vigilante committee to put him in prison.  Brandon released millions of gallons of EMERGENCY oil to help Dems in mid-terms and the same media look the other way.
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Engin RençberAug 29, 2022, 22:50
no, they are selling old models of oil and they will stock new green ones!
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