US Strategic Petroleum Reserve

2 articles

Oil stocks in US Strategic Petroleum Reserve fall by 5.5 million to lowest level since 1983

U.S. Strategic Petroleum Reserve crude oil stocks fell 5.5 million barrels to a 1983 low, part of a 172-million-barrel release agreement intended to plug global inventory gaps amid the Iran conflict.

reuters · 2026-06-29 13:07

US Releases Another Wave of Emergency Oil as Gas Prices Rise

The US Strategic Petroleum Reserve allocated 53.3 million barrels to major refiners and traders to curb surging gasoline prices amid geopolitical tensions. The release, part of a global IEA initiative

bloomberg · 2026-05-11 15:06