Oil stocks in US strategic petroleum reserve fall to lowest level since 1982
USO•US Strategic Petroleum Reserve crude stocks fell to 279.5 million barrels last week, their lowest level since October 1982, as part of an agreement to release 172 million barrels.
1. Reserve stocks decline
Crude oil stocks in the US Strategic Petroleum Reserve fell to 279.5 million barrels last week, the lowest level since October 1982. The recent drawdowns have been part of a US agreement to release 172 million barrels from the facility.
