Oil stocks in US Strategic Petroleum Reserve fall by 3 million barrels to lowest level since 1983

HOUSTON, July 13 (Reuters) - Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 3 million barrels to 316.5 million barrels last week, the lowest level since April 1983, according to data from the Department of Energy.

The drawdowns are a part of a U.S. agreement to release 172 million barrels from the facility.