Stocks of crude oil in the U.S. Strategic Petroleum Reserve fell by about 1.2 million barrels to 285.4 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 Pablo Sinha in Bengaluru, Editing by Franklin Paul)