Oil stocks in US strategic petroleum reserve fall to lowest level since 1982

Published September 28, 2026 Updated September 28, 2026 08:48pm

Stocks of crude oil in the US Strategic Petroleum Reserve fell to 283.8 million barrels last week, the lowest level since October 1982, according to data from the Department of Energy, Reuters reports.

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

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