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Oil stocks in US Strategic Petroleum Reserve fall by 3.7 million barrels to lowest level since 1982 

August 24, 2026 9:21 AM
Reuters


Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 3.7 million barrels to 289.7 million barrels last week, the lowest level since November 1982, according to data from the Department of Energy.

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

(Reporting by Noel John in Bengaluru)

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