-+ 0.00%
-+ 0.00%
-+ 0.00%
U.S. Strategic Petroleum Reserve Falls to Lowest Level Since 1982
Share
Listen to the news
Crude stocks in the U.S. Strategic Petroleum Reserve stood at 284.6 million barrels for the week ending September 18, according to the Energy Information Administration, down from 285.0 million the week before and 406.0 million a year earlier. Department of Energy data show the reserve fell further the following week, to 283.8 million barrels, the lowest level since October 1982.  The reserve has now set a new multi-decade low twice this year, first falling below 300 million barrels, and below its 1983 level, in early August. The current drawdown…
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending